SHA:688548

2 stories mentioning SHA:688548Updated just now

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Guangzhou Guanggang Subsidiary to Sell Idle Assets in Property Exchange

Guangzhou Guanggang Gases & Energy (SHA:688548) subsidiary Henan Guanggang will put up for sale two idle air separation plants built for client Henan Junhua Development, according to a Saturday filing with the Shanghai bourse.Henan Guanggang will put up the assets for sale to recover its investment through a public listing on the Guangzhou Property Exchange with an initial listing price of 60.1 million yuan, the filing said.The final price will be subject to the listing transaction price of the property exchange.

SHA:688548

Asia45d ago

Guanggang Gases & Energy Expects H1 Profit to Soar Up to 138%

Guangzhou Guanggang Gases & Energy (SHA:688548) expects net profit attributable to owners for the first half to soar 87% to 138% to between 220 million yuan and 280 million yuan from 117.5 million yuan a year earlier, according to a Shanghai bourse filing on Friday.Operating review is expected to climb 13% to 30% year on year to between 1.25 billion yuan and 1.45 billion yuan from 1.11 billion yuan.The gas company's shares dropped 5% during the morning trade.

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