MIDAS HOLDINGS - NEW ERA & NEW ORDERS . NET PROFIT JUMPS !

More
10 Apr 2017 19:56 #23758 by BULLSEYE88
BULLSEYE88 replied the topic: MIDAS HOLDINGS - NEW ERA & NEW ORDERS . NET PROFIT JUMPS !
Midas Holdings Limited (麦达斯控股有
限公司) (“Midas” or the “Company”, together with its subsidiaries, the “Group”; SGX-
ST stock code: 5EN; SEHK stock code: 1021) is pleased to announce that its joint
venture company, CRRC Nanjing Puzhen Rail Transport Co., Ltd. (“南京中车浦镇城
轨车辆有限责任公司”) (“NPRT”) has secured a metro train car supply contract worth
RMB543 million in the People’s Republic of China (“China” or the “PRC”).
The supply contract was awarded by Shanghai Rail Transit Line Two Development
Co., Ltd. (上海轨道交通二号线发展有限公司) for the Shanghai Metro Line 2 (上海市
轨道交通 2 号线), with delivery scheduled between January 2018 and November
2018.
Commenting on NPRT’s latest contract win, Mr. Patrick Chew (周华光), Executive
Director and Chief Executive Officer of Midas, said, “We are pleased to see that
NPRT continues to benefit from China’s growing railway network. NPRT’s new
contract win reflects the continued demand for its services in the PRC as well as
NPRT’s competitive advantage in the railway transportation industry. We are
optimistic that NPRT is well-positioned to expand its market share as new
opportunities continue to emerge in China’s rail sector.”
The contract is expected to contribute positively to the Group’s financial performance
for the 2018 financial year.

Please Log in to join the conversation.

More
13 Apr 2017 20:53 #23775 by iCann
iCann replied the topic: MIDAS HOLDINGS - NEW ERA & NEW ORDERS . NET PROFIT JUMPS !
And the winner is ,,,the winner is,,,M.C. HAMMER


U CAN'T TOUH THIS!

Please Log in to join the conversation.

Share Prices

Counter NameLastChange
AEM1.4950.015
$ Alliance Mineral0.315-
AusGroup0.048-
Avi-Tech0.4350.005
Best World2.2900.040
China Sunsine0.7100.010
CWG Intl0.1760.002
Cordlife1.0250.010
Dutech0.500-
Food Empire0.5750.005
Geo Energy Res0.3150.005
Golden Energy0.4650.030
$ GSS Energy0.160-
Heeton0.490-
Hiap Hoe0.7050.005
$ ISOTeam0.375-
KSH0.8450.015
Lian Beng0.5850.005
Nordic0.370-
Oxley0.565-
$ Rex Intl0.059-
$ Resources Prima0.0270.001
Riverstone0.8450.005
Roxy-Pacific0.5250.005
Sunningdale Tech1.6950.020
Serial System0.1680.008
Sino Grandness0.235-
Straco0.795-
Sunpower0.760-
Tiong Seng0.2650.010
$ Trendlines0.1560.002
Uni-Asia1.1450.010
XMH0.310-
Yamada Green Res0.4500.010
YZJ Shipbldg SGD1.1000.020
Powered by JoomlaGadgets

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 214 guests and no members online