SHE:002545

2 stories mentioning SHE:002545Updated just now

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Qingdao East Steel Tower's Acquisition Target Gets Mining Rights for China Phosphate Mine

Qingdao East Steel Tower's (SHE:002545) acquisition target obtained government mining rights for a phosphate mine in Yunnan, China, according to a Friday filing with the Shenzhen bourse.The facility has a mining area of 5.5253 square kilometers, with mining rights valid for 15 years, the filing said.The listed company's planned acquisition of a 72% stake in Kunming Diyin Mining has not yet finalized, the filing said.

SHE:002545

Asia63d ago

Qingdao East Steel Tower Forecasts Up to 106% Jump in H1 Profit

Qingdao East Steel Tower (SHE:002545) expects first-half attributable net profit to increase 82% to 106% year over year to between 897.2 million yuan and 1.02 billion yuan, from 493.3 million yuan a year earlier, according to a Friday filing with the Shenzhen Stock Exchange.Basic earnings per share are projected to rise to between 0.7212 yuan and 0.8177 yuan, from 0.3966 yuan in the prior-year period.

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