00297 SINOFERT
- 1.030
- +0.010+0.98%
SINOFERT News
Changes in Hong Kong stocks 丨 Sinochem Fertilizer rose nearly 7% to an 8-month high, and Q1 net profit increased 1.63% year on year
Glonghui, May 9 | Net profit for the first quarter rose 1.63%, and Sinochem (0297.HK) rose intraday. At one point, it rose nearly 7% to HK$0.94, a record high since September 2023. The Group announced that its first-quarter turnover was about 6.639 billion yuan, up 0.51% year on year; net profit was about 499 million yuan, up about 1.63% year on year, mainly due to the Group's “Bio+” strategic transformation, focusing on core biological products, and continuing to develop biotechnology products to drive steady growth in sales and gross profit levels to withstand the impact of market fluctuations on performance.
Changes in Hong Kong stocks | Sinochem (00297) rose more than 4%, net profit increased slightly in the first quarter, institutions are optimistic about the steady, moderate and positive development of fertilizer prices
Sinochem Fertilizer (00297) rose by more than 4%. As of press release, it rose 4.55% to HK$0.92, with a turnover of HK$4.922 million.
Featured announcements | BeiGene's Q1 revenue increased nearly 70% year on year; GAC's sales fell nearly 25% year on year in April
① BeiGene's revenue increased by nearly 70% in the first quarter. What is the profit situation? ② GAC's sales volume fell by about 24% during the year. How much was the impact on sales in April?
Sinofert Logs Nearly 2% Increase in Q1 Profit
Sinofert Holdings (HKG:0297) recorded a net profit of 499 million yuan for the first quarter of 2024, up 1.6% from the year-ago period, a Wednesday filing on the Hong Kong bourse said. The Chinese fer
Sinochem Fertilizer (00297.HK): Net profit of 499 million yuan in the first quarter
Gelonghui, May 8, 丨 Sinochem Fertilizer (00297.HK) announced that for the three-month period ending March 31, 2024 (the “relevant period”), the Group's turnover for the relevant period was approximately RMB 6.639 billion and net profit of approximately RMB 499 million. The Group's net profit for the relevant period increased by about 1.63% over the three-month period ended March 31, 2023, mainly due to the Group's unswerving promotion of the “Bio+” strategic transformation, focusing on core biological products, and continuing to develop biotechnology products, driving steady growth in sales and gross profit levels, and resisting market fluctuations on performance
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.
Selected announcements | CNPC's net profit last year exceeded 160 billion yuan; Pharmaceutical Federation's annual profit increased by more than 80% year-on-year
China Overseas Hongyang Group: Net profit of 2023 was 2.02 billion yuan, down 26.94% year on year; Zero Sports Auto: 2023 revenue of 16.747 billion yuan, up 35.22% year on year; Tencent Holdings: spent HK$1,001 billion to buy back 3.47 million shares on March 25.
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
Demand for spring farming led to a rebound in the urea market and repair profit margins, but far from the previous year|Industry News
① Spring cultivation and preparation for cultivation have been carried out one after another. Many urea manufacturers, such as Hualu Hengsheng, Sichuan Meifeng, Liuguo Chemical, and Lutianhua, raised the ex-factory price of urea products by about 50 yuan to 60 yuan/ton, and the price increase of urea prices was nearly 8% in the past month; ② Under high supply, urea prices were only 80% of the same period last year, and the profit margin was less than the same period last year.
Changes in Hong Kong stocks 丨 Profit warning. Sinochem Fertilizer once plummeted by more than 12%
Gelonghui, Feb. 1 | Sinochem Fertilizer (0297.HK) once fell more than 12% to HK$0.75 during the intraday period. The stock price hit a new low since November 2022, and its market capitalization fell to HK$5.26 billion. The company issued a profit warning last night. The expected profit due to shareholders last year was between 550 million yuan and 650 million yuan, down 41.8% to 50.76% from the 1,117 billion yuan in 2022. Mainly because its Yangmei Plain was requested by the government to stop operations, it recorded an asset impairment loss of about 200 million yuan. Yangmei Pingyuan's loans to banks are also guaranteed by the company, so they recorded an estimated credit impairment loss of about 320 million yuan
Express News | Hong Kong stocks opened 5.81% lower
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.
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