BK0324 Offshore Equipment
- 1027.016
- +12.365+1.22%
The profit for a single quarter reached a record high. Why does the market still think Dongfang Cable is not good enough? | Insightful Research
The expectations of the wind power cable market are becoming more and more chaotic. Poor performance markets will feel that there is a problem with the industry's prosperity, and if the performance is good, they also have to worry about future order delays. How do you view the performance of wind power cable companies? 01 Dongfang Cable's net profit increased 18%. The Q2 single quarter was the same as when it was rushed to install in '21, but the market was not satisfied. On August 4, Dongfang Cable announced its semi-annual performance report. Revenue for the first half of 2023 was about 3.688 billion yuan, a decrease of 4.44% over the previous year; net profit from Dongfang Cable was about 617 million yuan, an increase of 18.08% over the previous year. Net profit for the Q2 quarter was 361 million yuan, an increase of 47.95% over the previous year.
China's infrastructure investment accelerates amid policy support
CIMC Eyes Sale of Majority Stake in Finance Leasing Unit to Shenzhen Capital for $288 Million
02:12 AM EST, 11/24/2021 (MT Newswires) -- China International Marine Containers or CIMC (HKG:2039) is planning to sell a majority stake in its wholly-owned finance leasing unit to venture capital fi
EU Slaps Up to 44% Tariffs on Telecom Gear From China
08:02 PM EST, 11/17/2021 (MT Newswires) -- The European Union slapped an up to 44% of anti-dumping duties on optical-fiber cables from China, according to a document published by the European Commiss
Panasonic in Hydrogen Power Talks With China’s CIMC Enric
01:51 AM EDT, 11/05/2021 (MT Newswires) -- Japanese appliances maker Panasonic (TYO:6752) is in talks with Chinese engineering services firm CIMC Enric (HKG:3899) to co-develop hydrogen energy heat a
Nordic fund KLP excludes 14 weapons companies on ethical grounds
OSLO, Nov 4 (Reuters) - Norway's largest pension fund, KLP, said on Thursday it would no longer invest in 14 major weapons makers and their suppliers, including Raytheon Technologies Corporation RTX.
Global Equities Roundup: Market Talk
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 0734 GMT - Advanced Info Service's revenue recovery is likely to persist in 4Q after
Chinese Stocks End Mixed; Lenders, Property Sector Decline -- Market Talk
0724 GMT - Chinese stocks finished the session mixed, dragged by lenders, power producers and property developers. Huaneng Power International retreated 5.9% and China Three Gorges Renewables wa
Wanfeng Auto’s Q3 Profit Tanks 98% on Surging Raw Material Costs
08:49 PM EDT, 10/31/2021 (MT Newswires) -- Zhejiang Wanfeng Auto Wheel (SHE:002085) reported a 98.4% annual drop in profit in the third quarter of the year as surging raw material costs continued to
Shandong Molong Petroleum Machinery Arm Suspends Production for Maintenance
05:10 AM EDT, 10/29/2021 (MT Newswires) -- Shandong Molong Petroleum Machinery (SHE:002490, HKG:0568) subsidiary Shouguang Maolong New Materials Technology Development halted production for inspectio
CIMC Q3 Profit Soars 411.4% on Higher Gains From Asset Sales
04:01 AM EDT, 10/28/2021 (MT Newswires) -- China International Marine Containers or CIMC (HKG:2039, SHE:000039) logged a 411.4% surge in profit in the third quarter, lifted by higher gains on asset d
Oil falls after increases in U.S. crude, fuel stockpiles
Brent oil futures fell 25 cents, or 0.3%, to $86.15 a barrel after closing at the highest in seven years on Tuesday. West Texas Intermediate (WTI) futures declined 26 cents, or 0.3%, to $84.39 a barrel after gaining 1.1% in the previous session.
Chinese Stocks Mixed; Property, Pharma Sectors Fall -- Market Talk
0726 GMT - Chinese stocks closed mixed, as property developers and pharma sector retreated, while car makers broadly rose. The property sector's rebound from late September's low levels appeared
China International Marine Containers Projects Profit to Rise in January-September; Shares Up 4%
02:37 AM EDT, 10/14/2021 (MT Newswires) -- China International Marine Containers (HKG:2039, SHE:000039) expects an increase of between 1,104% and 1,219% in its January-September net profit versus 697
Empyrean Energy Shares Rise on Jade Prospect Survey Contract Award
DJ Empyrean Energy Shares Rise on Jade Prospect Survey Contract Award By Ian Walker Shares of Empyrean Energy PLC rose Tuesday after the company said it has awarded a well site survey contract
Oil falls ahead of OPEC+ supply policy meeting
Brent crude was down 24 cents or 0.3% at $79.04 per barrel by 0143 GMT. It rose 1.5% last week, its fourth weekly gain in a row. U.S. oil dropped by 27 cents or 0.4% to $75.61, after rising for the past six weeks.
CIMC's Airport Equipment Unit Files Listing Application in Shenzhen
06:32 AM EDT, 09/30/2021 (MT Newswires) -- China International Marine Containers, or CIMC's (HKG:2039) airport equipment manufacturing subsidiary CIMC-TianDa has filed a listing application on Shenzh
Yantai Jereh's Business Diversification Efforts Likely a Positive -- Market Talk
DJ Yantai Jereh's Business Diversification Efforts Likely a Positive -- Market Talk 0501 GMT - Yantai Jereh Oilfield Services Group's plans to diversify into the lithium battery graphite anode mat
Maersk Sale Strengthens Case For Special Dividend -- Market Talk
DJ Maersk Sale Strengthens Case For Special Dividend -- Market Talk 1134 GMT - (Dow Jones) Maersk has announced the sale of Maersk Container Industry to China International Marine Containers Ltd,
EUROPEAN MIDDAY BRIEFING: Stocks Fall as Traders Eye Inflation
DJ EUROPEAN MIDDAY BRIEFING: Stocks Fall as Traders Eye Inflation MARKET WRAPS Stocks: European stocks fell as investors digest rising inflation uncertainties. The pan-continental Stoxx Euro