Sinofert Holdings Limited (HKG:297) Investors Are Less Pessimistic Than Expected
There wouldn't be many who think Sinofert Holdings Limited's (HKG:297) price-to-earnings (or "P/E") ratio of 9.1x is worth a mention when the median P/E in Hong Kong is similar at about 9x. While thi
中化化肥:二零二三年年度報告
Sinofert to Offload Nitrogen Fertilizer Business
Sinofert Holdings (HKG:0297) indirect subsidiary Sinochem Fertilizer will sell its nitrogen fertilizer business unit to associate ETEXE Technologies for about 41.5 million yuan, according to a Wednesd
Sinochem Fertilizer (00297.HK) sells nitrogen fertilizer business unit
Gelonghui announced on April 10, China Chemical Fertilizer (00297.HK). The board of directors announced that Yitong Digital Technology has invested in target assets at a cost of RMB 41.52 million through the public listing process organized by the Beijing Stock Exchange. On April 10, 2024, Sinochem Fertilizer (as the seller) and Yitong Mathematics (as the buyer) signed an asset transaction contract for the sale. Assets related to Sinochem Fertilizer's nitrogen fertilizer business unit include intangible assets such as 1 patent and 14 trademarks, human resources, and supply and marketing relationships. The main nitrogen fertilizer varieties operated by Sinochem Fertilizer's nitrogen fertilizer business unit are ordinary urea, ammonium chloride, ammonium sulfate, and differences
Sinochem Fertilizer (00297) plans to pay a final dividend of HK$0.0491 per share for the 2023 fiscal year
According to the Zhitong Finance App, Sinochem Fertilizer (00297) announced that the company plans to pay a final dividend of HK$0.0491 per share for the 2023 fiscal year.
Sinochem Fertilizer (00297.HK) signs contract for smart drip irrigation project
Gelonghui, March 25, 丨 Sinochem Fertilizer (00297.HK) announced that on March 25, 2024, Sinochem Linyi, an indirect wholly-owned subsidiary of the company, signed an intelligent drip irrigation project contract with Sinochem Environmental Shandong. According to this, Sinochem Linyi provided Sinochem Shandong with equipment for the smart drip irrigation project and corresponding installation/installation guidance, debugging/commissioning guidance and other services at a cost of RMB 11,905,887.40. The smart drip irrigation project is part of the integrated infrastructure of intelligent water and fertilizer, and is one of Sinochem Linyi's main businesses. Sinochem Linyi planned and designed the project area in accordance with public bidding procedures and
Sinochem Fertilizer (00297.HK): Net profit of 626 million yuan decreased by 43.96% year-on-year in 2023
Gelonghui, March 25, 丨 Sinochem Fertilizer (00297.HK) announced that for the year ended December 31, 2023, the Group's turnover was RMB 21.728 billion (2022: RMB 23.03 billion), a year-on-year decrease of 5.54%; profit attributable to the company's shareholders was RMB 626 million (2022: RMB 1,117 billion), a year-on-year decrease of 43.96%, and the basic profit per share was RMB 0.0891 yuan. The Council recommended a final dividend of HK$0.0491 per share (equivalent to RMB 0.0445). 20
SINOFERT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Sinochem Fertilizer (00297.HK) plans to hold a board meeting on March 25 to approve annual results
Glonghui, March 13, 丨 Sinochem Fertilizer (00297.HK) announced that the company will hold a board meeting on March 25, 2024 (Monday) on the 47th floor of the Convention Plaza Office Tower, 1 Harbour Road, Wanchai, Hong Kong to (among others) approve the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the payment of a final dividend (if any).
SINOFERT: DATE OF BOARD MEETING
Changes in Hong Kong stocks | Sinochem Fertilizer (00297) is nearly 6% lower and the profit attributable to shareholders is expected to fall to about 550 million to 650 million yuan in 2023
Sinochem Fertilizer (00297) was nearly 6% lower. At the end of press release, it fell 5.81% to HK$0.81, with a turnover of HK$1.06 million.
Selected Announcements | New Oriental and Yu Minhong promised to purchase a total of HK$700 million Dongfang Selected Shares; Yao Ming Joint Inc. expects adjusted net profit to increase by more than 100% last year
Saisheng Pharmaceutical: The Phase III clinical trial of Vaborem® in China completed the enrollment of all subjects; Xianruida Healthcare: The registration application for PERIDGE® was approved by the China National Drug Administration.
Sinofert to Up to Halve 2023 Profit
Sinofert Holdings (HKG:0297) expects an attributable profit of between 550 million yuan and 650 million yuan for the year ended Dec. 31, 2023, down from 1.12 billion yuan during the year-ago period. T
Sinochem Fertilizer (00297.HK): Expected net profit of 550 million to 650 million yuan in 2023
Gelonghui, January 31, 丨 Sinochem Fertilizer (00297.HK) announced that the profit attributable to the company's shareholders for the year ended December 31, 2023 will be between RMB 550 million and RMB 650 million, a decrease from the profit attributable to the company's shareholders of RMB 1,117 billion for the year ended December 31, 2022.
SINOFERT: ANNOUNCEMENT - PROFIT WARNING
China Special estimates that central enterprises have reversed the market and that China Alcoa International (02068) surged 18.64%. Institutions expect central enterprises to start a new round of market
Jinwu Financial News | China Special estimates that central enterprises bucked the market. China Alcoa International (02068) surged 18.64%, CGN Mining (01164) rose 3.26%, and Sinochem Fertilizer (00297), China Tongshi (01763), and CITIC (00267) all rose more than 2%. According to the Guosheng Securities Research Report, in the medium term, with the intensive introduction of steady growth policies, the economic recovery process is expected to accelerate. Incremental capital may return to the rebound phase, and the level of attention can be increased simultaneously. At the same time, after the registration system is fully implemented, its survival of the fittest mechanism will help the market style to become “blue-chip”, and the middle level market in the Shanghai index will not
Sinofert Holdings (HKG:297) Is Looking To Continue Growing Its Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) th
Sinofert Holdings Unit Grants 168 Million Yuan Loan; Shares Rise 5%
Sinofert Holdings (HKG:0297) unit Sinochem Fertilizer granted a 167.7 million yuan loan to associate Yangmei Pingyuan Chemical, a Sunday filing said. The loan has a two-year term and an interest rate
Changes in Hong Kong stocks | Sinochem (00297) rose more than 4%, winter storage demand for phosphate fertilizer is nearing its end, and the future will gradually usher in the peak season for fertilizer for spring farming
Sinochem Fertilizer (00297) rose by more than 4% and rose 4.71% at press time to report at HK$0.89, with a turnover of HK$6.03 million.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
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