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Zhonglu Plans to Close Noodle Making Subsidiary
Zhonglu (SHA:600818, SHA:900915) plans to close its subsidiary, Lydix (Anqing) Noodles, the company said in a Friday disclosure. The bicycle manufacturer's board of directors approved the closure of t
Is Zhonglu.Co.Ltd (SHSE:900915) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it seems the smart m
Some Investors May Be Willing To Look Past Zhonglu.Co.Ltd's (SHSE:900915) Soft Earnings
Investors were disappointed with the weak earnings posted by Zhonglu.Co.,Ltd (SHSE:900915 ). However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive
Earnings Not Telling The Story For Zhonglu.Co.,Ltd (SHSE:900915) After Shares Rise 31%
Despite an already strong run, Zhonglu.Co.,Ltd (SHSE:900915) shares have been powering on, with a gain of 31% in the last thirty days. The last month tops off a massive increase of 184% in the last
Graphic illustration of the third quarterly report of China Road shares: the net profit of the third quarter decreased by 56.16% compared with the same period last year.
According to the third quarterly report of China Road shares 2021, the company's main income was 549 million yuan, down 4.73% from the same period last year; the net profit was 23.2104 million yuan, up 5.06% from the same period last year; the non-net profit was-2.5615 million yuan, up 17.99% from the same period last year; among them, in the third quarter of 2021, the company's main income in a single quarter was 201 million yuan, down 18.11% from the same period last year; and the net profit in a single quarter was 2.7454 million yuan, down 56.16% from the same period last year. The non-net profit in a single quarter was 2.3788 million yuan, down 43.59% from the same period last year; the debt ratio was 28.03%, and the investment income was 215.
China Road Group, a shareholder of China Road shares, reduced its holdings by 3.2144 million shares and cashed out a net profit of 20.4649 million in the first half of 27.2741 million.
On September 23rd, China Road Co., Ltd. recently issued an announcement that the company's shareholder, Shanghai China Road (Group) Co., Ltd. reduced its holdings of 3.2144 million shares in the company by way of centralized bidding, accounting for 1% of the company's total common share capital. The price range of the reduction is 8.02 Mel 8.89 yuan per share, cashing out 27.2741 million yuan. According to the announcement, the China Road Group held a total of 106551934 shares before the reduction, accounting for 33.15% of the company's total common share capital, while 103337534 shares were held after the reduction, accounting for 32.15% of the company's total common share capital.
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