SHE:002429

2 stories mentioning SHE:002429Updated 6m ago

Every FINWIRES story that references SHE:002429, newest first.

Shenzhen MTC to Invest Up to 261 Million Yuan in Mexico Production Base

Shenzhen MTC (SHE:002429) will invest up to 261 million yuan to establish a production base in Tijuana, Mexico, via its Singapore subsidiary.The facility will operate under Mexico's IMMEX Shelter Program, involving factory leasing, equipment purchases and local partnerships, according to a Friday filing with the Shenzhen bourse.Shares of the consumer electronics company were down 1% Friday.

SHE:002429

Asia4h ago

Shenzhen MTC's H1 Profit Drops 41%, Revenue Rises 8%

Shenzhen MTC's (SHE:002429) net profit attributable to shareholders in the first half dropped 41% to 391.2 million yuan from 661.5 million yuan a year earlier, according to a Shenzhen bourse filing on Friday.The consumer electronics company's earnings per share fell 40% year on year to 0.09 yuan from 0.15 yuan.Operating revenue rose 8.2% to 9.18 billion yuan from 8.48 billion yuan in the previous year.

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