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| Thursday, 21 March 2013, 10:55 HKT/SGT | |
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Source: CIMC Enric | |
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HONG KONG, Mar 21, 2013 - (ACN Newswire) - CIMC Enric (3899-HK) announces its annual results for the year ended 31 December 2012.
Profit attributable to equity shareholders of the Company rose by 33.0% to RMB759,863,000. Basic earnings per share was RMB0.405 and diluted earnings per share was RMB0.401. The turnover for 2012 increased by 18.4% to RMB8,082,895,000 over the previous year.
The Group will continue to expand its core business and strengthen its core competitiveness to further consolidate its leading market position in equipment manufacturing. In addition, the Group has been proactively seeking new revenue sources to attain long-term and healthy growth. The Group expects its business portfolio and leading market position will be reinforced through the organic and acquisition development in 2013. Embracing the Chinese government's plan to boost natural gas consumption with significant investment being poured into the natural gas industry, the Group's new plants in Shijiazhuang and Langfang of Hebei province and Bengbu of Anhui province have come into operation gradually from the third quarter of 2012 which enhanced its production capacity and competitiveness. The Group will continue to prepare its production capacity mindfully for coping with the industry's future development.
Topic: Press release summary
Source: CIMC Enric
Sectors: Daily Finance, Daily News
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