4 stories mentioning SHE:300979Updated just now
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Huali Industrial Group (SHE:300979) has an average rating of overweight and mean price target of 36.67 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Huali Industrial (SHE:300979) posted first-half attributable net profit of 952.5 million yuan, down 43% from 1.67 billion yuan the previous year.Earnings per share declined to 0.82 yuan from 1.43 yuan, according to Friday filings with the Shenzhen bourse.Operating revenue declined 14% year over year to 10.9 billion yuan from 12.7 billion yuan.The footwear manufacturer declared an interim dividend of 1.00 yuan per share.Shares of Huali Industrial were down 3% Friday.
Huali Industrial (SHE:300979), through its Vietnamese subsidiary, plans to invest up to 200 million yuan to buy property in Thanh Hoa Province, Vietnam, according to a Shenzhen bourse filing on Friday.The property comprises land-use rights, factory buildings and other structures.The Chinese shoemaker's shares fell 3% at the close.
Huali Industrial (SHE:300979) agreed to invest 200 million yuan to establish a joint venture with Anqing Anxin Sporting Goods, according to a Shenzhen bourse filing on Friday.The venture, Emeishan Yongbang Shoes, will have a registered capital worth 250 million yuan and will manufacture footwear.The footwear company will own 60% of Yongbang Shoes.The company's shares fell 3% at the close.
