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SINOFERT was subject to a Shareholding reduction by Nutrien Ltd. of 38.256 million shares at a price of 1.05 Hong Kong dollars per share.
According to the latest data from the Hong Kong Stock Exchange, on February 25, Nutrien Ltd. reduced its shareholding in SINOFERT (00297) by 38.256 million shares at a price of HK$1.05 per share, totaling approximately HK$40.1688 million. After the reduction, the latest number of shares held is about 0.976 billion shares, with a latest shareholding ratio of 13.89%.
The One-year Decline in Earnings for Sinofert Holdings HKG:297) Isn't Encouraging, but Shareholders Are Still up 47% Over That Period
HAITONG INT'L: SINOFERT's profit attributable to Shareholders in 2024 is expected to be 1.01-1.11 billion yuan.
HAITONG INT'L released a Research Report stating that based on the preliminary review of SINOFERT (00297) unaudited consolidated management accounts, it is expected that as of December 31, 2024, the profit attributable to Shareholders will be between 1.01 billion yuan and 1.11 billion yuan. The Group is steadily promoting the implementation of the 'Bio+' Global Strategy, with major production enterprises carrying out various Operation foundation enhancement actions and optimizing the supply chain management system, together driving the growth of operating performance. HAITONG INT'L's main points are as follows: The profit attributable to Shareholders for 2024 is expected to be between 1.01 billion and 1.11 billion yuan based on the preliminary review of the Group's unaudited consolidated management accounts, anticipated as of 2024.
Sinofert Expects Higher Profit in 2024
Zhitong Hong Kong Stocks Early Insight | Yu Liang resigns as Chairman of the Board of Directors of Vanke (02202), and Xin Jie, Chairman of Shenzhen Metro Group, takes over.
According to the announcement from China Vanke Co.,Ltd., Shenzhen Metro Chairman Xin Jie has been appointed as the Chairman of the Board of Directors of China Vanke Co.,Ltd., while Yu Liang, who has resigned from the position of Chairman of the Board, will serve as the First Executive Vice President of China Vanke Co.,Ltd.
SINOFERT is expected to earn over 1 billion yuan in net income in 2024, while CHINA CINDA's annual net income may decline by over 40% | Selection of announcements from Hong Kong stocks on January 27.
① How will SINOFERT's net income exceed 1 billion yuan in 2024? ② What are the main reasons for CHINA CINDA's annual net income possibly declining by more than 40%?