SHE:002080

2 stories mentioning SHE:002080Updated 42d ago

Every FINWIRES story that references SHE:002080, newest first.

Sinoma Science & Technology Plans 4.48-Billion-Yuan Private Placement; Shares Jump 10%

Sinoma Science & Technology (SHE:002080) plans to raise up to 4.48 billion yuan via a private placement for specialty fiber fabric projects, payable repayment and working capital.The offering, targeting up to 35 qualified investors including Zhonglian Investment, will mainly fund a 35-million-meter low-dielectric fiber fabric project and a 24-million-meter ultra-low loss variant, according to a Wednesday filing with the Shenzhen bourse.The offering is subject to Shenzhen bourse review and China Securities Regulatory Commission registration.Shares of the glass fiber manufacturer jumped 10% in recent trade.

SHE:002080

Asia101d ago

Sinoma's Q1 Profit Jumps 40%, Revenue Climbs 25%

Sinoma Science & Technology's (SHE:002080) net profit attributable to shareholders in the first quarter jumped 40% year on year to 507.5 million yuan, or 0.30 yuan per share, according to a Shenzhen bourse filing on Saturday.The attributable profit a year earlier was 362.1 million yuan, or 0.22 yuan per share.Operating revenue rose 25% to 6.85 billion yuan from 5.51 billion yuan in the previous year.

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