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SHE:000657

5 stories mentioning SHE:000657Updated 8d ago

Every FINWIRES story that references SHE:000657, newest first.

Asia

China Tungsten and Hightech Materials Names CFO; Shares Down 5%

China Tungsten and Hightech Materials (SHE:000657) appointed Cheng Bao as chief financial officer, according to a Wednesday filing on the Shenzhen bourse.Cheng, who served as deputy head of China Minmetals' finance department, will take over from Hu Jiachao, who resigned due to a work reassignment.The nonferrous metal trader's shares slumped 5% during the morning trade.

SHE:000657
Asia

China Tungsten Forecasts Up to 298% Surge in H1 Profit on Robust Prices

China Tungsten and Hightech Materials (SHE:000657) forecasts a 261% to 298% surge in its net attributable profit to between 1.97 billion yuan and 2.17 billion yuan in the first half from 545.6 million yuan in the year-ago period.The nonferrous metal trader expects earnings per share to grow to between 0.86 yuan and 0.95 yuan from 0.25 yuan a year earlier, according to a Tuesday filing with the Shenzhen bourse.The company attributed the expected rise to higher average prices of tungsten concentrate and increased orders for PCB micro-drills and high-end cutting tools.Shares rose 2% during late-morning trading on Tuesday.

SHE:000657
Asia

China Tungsten and Hightech Materials Appoints Chair; Shares Down 4%

China Tungsten and Hightech Materials (SHE:000657) appointed Shen Huiming as chair, succeeding Li Zhongze, who resigned due to a work transfer, according to a weekend filing with the Shenzhen bourse.Shares of the non-ferrous products manufacturer declined 4% in recent trade.

SHE:000657
Asia

China Tungsten And Hightech Materials' Q1 Profit Surges 264%, Revenue Soars 106%

China Tungsten And Hightech Materials' (SHE:000657) net profit attributable to shareholders in the first quarter surged 264% to 921.1 million yuan from 252.7 million yuan a year earlier, according to a Saturday filing on the Shenzhen bourse.Earnings per share climbed year on year to 0.40 yuan from 0.14 yuan.Operating revenue soared 106% to 7.01 billion yuan from 3.39 billion yuan in the prior year.

SHE:000657
Asia

China Tungsten And Hightech Materials' 2025 Profit Rises 29%, Revenue Climbs 19%

China Tungsten And Hightech Materials' (SHE:000657) net profit attributable to shareholders in 2025 rose 29% to 1.28 billion yuan from 991.2 million yuan a year earlier, according to a Saturday filing on the Shenzhen bourse.Earnings per share increased 22% year on year to 0.58 yuan from 0.48 yuan.Operating revenue climbed 19% to 17.6 billion yuan from 14.8 billion yuan in the prior year.

SHE:000657

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