Chengtun Mining Group Co., Ltd. (SHSE:600711) agreed to acquire additional 35% stake in Chengtun New Materials Co., Ltd from Allied Century Development Co., Ltd. for approximately CNY 490 million on July 1, 2023. Chengtun New Materials Co., Ltd reported Total assets worth CNY 3.27 billion, EBIT of CNY 4.32 billion, Net Income of approximately CNY 250 million and Total Common equity of approximately CNY 370 million on December 31, 2022. Transaction was already approved by Chengtun Mining Group Board of director's.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
4.64 CNY | +3.57% | -0.85% | +6.91% |
Apr. 22 | Chengtun Mining Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Apr. 22 | Chinese Securities Regulator Warns Chengtun Mining on Inaccurate Earnings | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+6.91% | 2.01B | |
+35.87% | 90.41B | |
+18.63% | 72.53B | |
-.--% | 27.75B | |
+48.73% | 10.49B | |
+24.16% | 9.2B | |
+12.94% | 8.86B | |
-8.73% | 6.9B | |
+44.50% | 6.78B | |
+23.28% | 5.19B |
- Stock Market
- Equities
- 600711 Stock
- News Chengtun Mining Group Co., Ltd.
- Chengtun Mining Group Co., Ltd. agreed to acquire additional 35% stake in Chengtun New Materials Co., Ltd from Allied Century Development Co., Ltd. for approximately CNY 490 million.