Shimao Energy (605028.SH): The No. 3 garbage furnace is being serviced normally according to the plan
Gelonghui, April 24 | Shimao Energy (605028.SH) said on the investor interactive platform that the No. 3 garbage furnace is undergoing normal maintenance according to the plan.
Shimao Energy (605028.SH) announced first-quarter results, net profit of 34.61 million yuan, a year-on-year decrease of 14.68%
Shimao Energy (605028.SH) disclosed its report for the first quarter of 2024. The company achieved 921 revenue during the reporting period...
Shimao Energy (605028.SH) 2023 equity distribution: 0.6 yuan per share, share registration on April 22
Shimao Energy (605028.SH) issued the 2023 equity distribution implementation notice. This time, profits are distributed to Israel...
Shimao Energy (605028.SH): Gradually build a comprehensive energy supply structure based on heating and power generation
Gelonghui, April 3, 丨 Shimao Energy (605028.SH) said at the performance and cash dividend briefing that the company focuses on its main business, stabilizes and strengthens the existing cogeneration business, integrates resources, optimizes management, and improves the operational efficiency and market competitiveness of the cogeneration business according to changes in the market environment and the needs of its own development. According to the needs and characteristics of downstream industrial enterprises, it is gradually building a comprehensive energy supply structure on the basis of heating and power generation. It saves production costs and makes more efficient use of energy for enterprises in the park.
Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Shimao EnergyLtd (SHSE:605028)
The subdued market reaction suggests that Ningbo Shimao Energy Co.,Ltd's (SHSE:605028) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some underly
Shimao Energy (605028.SH): Plans to postpone the fund-raising project “Coal-fired Cogeneration Phase III Expansion Project” until December 2024
Gelonghui, March 19, 丨 Shimao Energy (605028.SH) announced that the company held the 12th meeting of the 2nd board of directors and the 10th meeting of the 2nd board of supervisors on March 19, 2024 to review and pass the “Proposal on the Extension of Some Fund-raising Projects”. In the absence of changes in the implementation of the fund-raising project, the investment use and investment scale of the fund-raising project, the company plans to extend the operation period of part of the fund-raising project “Coal-fired Cogeneration Phase III Expansion Project” until December 2024.
Shimao Energy (605028.SH): Net profit in 2023 fell 8.70% year on year, and plans to pay 10 to 6 yuan
Gelonghui, March 19 | Shimao Energy (605028.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 361 million yuan, a year-on-year decrease of 18.28%; net profit attributable to shareholders of listed companies of 188 million yuan, a year-on-year decrease of 8.70%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 179 million yuan, a year-on-year decrease of 9.50%; and basic earnings per share. For the year 2023, the company plans to distribute a cash dividend of 6.00 yuan (tax included) to all shareholders for every 10 shares based on 160,000,000 common shares.
Ningbo Shimao Energy Inks 150.2 Million Yuan Disposal Services Deal
Ningbo Shimao Energy (SHA:605028) agreed to provide domestic waste incineration disposal services for Yuyao City in China's Zhejiang Province for 150.2 million yuan. The three-year deal was signed wit
Shimao Energy (605028.SH) won the bid for 150 million yuan domestic waste incineration and disposal service project in Yuyao City
Gelonghui, March 1, 丨 Shimao Energy (605028.SH) announced that Shimao Energy received the “Notice of Winning Bid (Transaction)” from Zhejiang Tiancheng Engineering Consulting Co., Ltd. on February 1, 2024. The notice confirmed that the company was the winning bidder for domestic waste incineration and disposal services in Yuyao City. The company recently received the Zhejiang Provincial Government Procurement Contract signed and sealed by the Sanitation Center and the company. The contract amount is estimated at 150.2 million yuan (total for three years).
Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Ningbo Shimao Energy Co.,Ltd (SHSE:605028) shares have had a horrible month, losing 27% after a relatively good period beforehand. Instead of being rewarded, shareholders who have already held thro
Shimao Energy Bags 151.1 Million Yuan Waste Management Project
Ningbo Shimao Energy (SHA:605028) won a 151.1 million yuan project for the provision of waste incineration disposal services in Yuyao City, Zhejiang Province, China.
Shimao Energy (605028.SH) won the bid for 151 million yuan domestic waste incineration related service projects in Yuyao
Shimao Energy (605028.SH) issued an announcement. The company received Zhejiang Tiancheng Engineering Consultation on February 1, 2024...
Ningbo Shimao Energy Starts Operation of 115 Million Yuan Waste Incinerator
Ningbo Shimao Energy (SHA:605028) put into operation a waste incineration power generator after the completion of its construction. The power supply services provider spent 115 million yuan on the gen
Shimao Energy (605028.SH): Some fund-raising projects put into operation
Gelonghui, January 31, 丨 Shimao Energy (605028.SH) announced that the company held the 8th meeting of the 2nd board of directors on March 20, 2023, the 6th meeting of the 2nd board of supervisors, and the 2022 annual shareholders' meeting on April 10, 2023 to deliberate and pass the “Proposal on Changing Part of the Fund-Raised Project” to suspend construction of a high temperature and high pressure 130t/h circulating fluidized bed boiler used in the original “Coal-fired Cogeneration Phase III Expansion Project”. After the change, the company suspended construction of a high-temperature and high-pressure 130t/h circulating fluidized bed boiler used in the original “Coal-fired Cogeneration Phase III Expansion Project”. The original fund-raising project is expected to use the recruitment
Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
It is hard to get excited after looking at Ningbo Shimao EnergyLtd's (SHSE:605028) recent performance, when its stock has declined 14% over the past week. However, a closer look at its sound financi
Shimao Energy (605028.SH): re-certified as a national high-tech enterprise
Gelonghui, January 3, 丨 Shimao Energy (605028.SH) announced that the company recently received the “High-tech Enterprise Certificate” (number: GR202333100010), which was jointly approved and issued by the Ningbo Municipal Bureau of Science and Technology, the Ningbo Municipal Finance Bureau, and the Ningbo Municipal Taxation Bureau of the State Administration of Taxation. The date of issue is December 8, 2023, and is valid for three years. This is a re-certification carried out after the expiration of the company's original “High-tech Enterprise Certificate”.
Shimao Energy (605028.SH): As the only waste incineration treatment center and the main solid waste treatment center in Yuyao, the company has a sustainable regional monopoly
Gelonghui November 6 | Shimao Energy (605028.SH) said at the performance briefing that the company is the only domestic waste incineration treatment center in Yuyao. The company is responsible for incineration of household waste in all streets and townships in Yuyao, with the exception of the biochemical or composting part of food waste, the part where resources are reused in recyclable garbage, and hazardous waste. Moreover, the waste incineration treatment project is a neighborhood shelter project. The surrounding public acceptance is not high, and site selection is difficult. The extent to which the scale of construction matches the amount of domestic waste generated in the region was taken into account during preparation, and space for renovation and expansion was reserved for future household waste growth
Shimao Energy (605028.SH) released results for the first three quarters, with net profit of 143 million yuan, a year-on-year decrease of 1.30%
Shimao Energy (605028.SH) released the report for the third quarter of 2023. The company achieved operating income in the first three quarters...
Shimao Energy: Plans to use no more than 250 million yuan of idle own capital for cash management
Glonghui, August 17: Shimao Energy announced that the company intends to use idle own funds totaling no more than RMB 250 million for cash management. The authorization period is 12 months from the date the shareholders' meeting deliberates and passes the “Proposal on Using Idle Own Funds for Cash Management”. During the validity period of the above quotas and resolutions, it can be used on a rolling basis to increase the company's revenue.
Shimao Energy (605028.SH): Net profit for the first half of the year was 995.972 million yuan, up 4.10% year on year
GLONGHUI, August 17: Shimao Energy (605028.SH) announced its 2023 semi-annual report. During the reporting period, it achieved operating income of 178 million yuan, down 11.29% year on year; net profit attributable to shareholders of listed companies was 995.972 million yuan, up 4.10% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 94.605 million yuan, up 3.16% year on year; basic earnings per share were 0.62 yuan. Coal prices fell during the reporting period. Affected by coal-heat linked prices, steam sales prices also fell. At the same time, heating capacity declined slightly compared to the same period last year, leading to sales
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