Beijing Oriental Yuhong Waterproof Technology Co Ltd SZSE:002271:
SAYS UNIT PLANS TO ACQUIRE 55% STAKES IN TWO INDONESIAN FIRMS FOR ABOUT COMBINED 542 MILLION YUAN ($80.09 million)
($1 = 6.7672 Chinese yuan renminbi)
Beijing Oriental Yuhong Waterproof Tech's Unit To Acquire 55% Stakes In Two Indonesian Firms
Earlier from Beijing Oriental Yuhong Waterproof Technology Co., Ltd. Class A
- Beijing Oriental Yuhong Waterproof Technology: Revenue fell 1.7% but net profit rose 4.7% as international expansion and risk controls advanced
- Beijing Oriental Yuhong Waterproof Technology Q1 Net Profit Up 108.9% Y/Y
- Beijing Oriental Yuhong Waterproof Tech's Shareholder To Unload Stake
- Beijing Oriental Yuhong Waterproof Technology: Revenue up, profit down as demand weakens; cash flow and global expansion notable