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Sino-Platinum Metals (600459.SH): Plans to acquire 25% equity of Guiyan Gongcui for 19 million yuan.
On December 19, GeLonghui reported that Sino-Platinum Metals (600459.SH) announced plans to enhance the management decision-making capability and operational efficiency of its holding subsidiary, Yunnan Sino-Platinum Industrial Catalyst Co., Ltd. (hereinafter referred to as "Sino-Platinum Catalyst"), strengthen synergy effects, and improve the overall profitability and comprehensive strength of Sino-Platinum Catalyst. The company intends to acquire a 25% equity stake in Sino-Platinum Catalyst held by Lanzhou New Alliance Eco-friendly Concept Technology Co., Ltd. (referred to as "New Alliance Eco-friendly Concept"). After the completion of this acquisition, Sino-Platinum Catalyst will become a wholly-owned subsidiary of the company. The price of this equity trade is approximately 19 million yuan, subject to final third-party assessment recorded by the authorized Institutions.
Has Sino-Platinum Metals Co.,Ltd's (SHSE:600459) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Guiyan Platinum: Report of Yunnan Precious Metals New Materials Holding Group Co., Ltd. for the third quarter of 2024
Yunnan Precious Metals New Materials Holding Group Co., Ltd. Report for the Third Quarter of 2024
Sino-platinum metals (600459.SH) released its performance for the first three quarters, with a net income of 0.445 billion yuan, a year-on-year increase of 10.96%.
Sino-platinum metals (600459.SH) released the report for the first three quarters of 2024, during the reporting period the company achieved revenue...
Sino-Platinum Metals (600459.SH): The net income in the third quarter was 0.128 billion yuan, an increase of 14.34% year-on-year.
Glory Times reported on October 30th that Sino-Platinum Metals (600459.SH) announced that in the first three quarters of 2024, it achieved revenue of 36.968 billion yuan, a year-on-year increase of 5.37%; net income attributable to shareholders of the listed company was 0.445 billion yuan, a year-on-year increase of 10.96%, with basic earnings per share of 0.59 yuan. In the third quarter of 2024, revenue reached 12.525 billion yuan, down 0.37% year-on-year; net income attributable to shareholders of the listed company was 0.128 billion yuan, a year-on-year increase of 14.34%, with basic earnings per share of 0.17 yuan.
Returns On Capital At Sino-Platinum MetalsLtd (SHSE:600459) Paint A Concerning Picture
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