• Sat
  • Dec 20, 2014
  • Updated: 9:41pm

Harbin Power Equipment

Harbin Power sees pressure on earnings from material costs

Harbin Power Equipment, one of the mainland's top three power generator makers, said this year would be challenging because of rising raw material costs and tightening measures by the central government.

Tuesday, 15 April, 2008, 12:00am

Harbin Power expects new orders to get boost from nuclear plants

Harbin Power Equipment, one of the mainland's three leading makers of power generation equipment, expects orders to increase 5.3 per cent this year as it targets contracts from major nuclear projects.

14 Aug 2007 - 12:00am

Harbin Power earnings hit 1b yuan

Shares of Harbin Power Equipment, one of the mainland's three largest makers of power generation machines, rose 4.51 per cent after the company said profits rose more than 120 per cent last year.

24 Apr 2007 - 12:00am

Harbin Power taps market for HK$1.1b to finance expansion

Harbin Power Equipment, the mainland's third-largest coal-fired power equipment maker, has raised HK$1.13 billion from a placement of 112.6 million shares - 90 per cent new shares and the remainder owned by the National Social Security Fund - at HK$10 each, market sources said.

14 Feb 2007 - 12:00am

Harbin Power feels force of competition

Harbin Power Equipment has cited competition and industry-wide restructuring for its 79.9 per cent fall in net profit in the first half of the year.

The maker of electricity-generating equipment last week unveiled a 6.88 million yuan (about HK$6.39 million) net interim profit, down from 34.17 million yuan in 1997.

30 Aug 1999 - 12:00am

Forex reserves to boost power-plant makers

China's power-generating equipment industry will receive a much-needed shot in the arm with a decision to earmark some of the country's foreign exchange reserves to buy mainland-made products.

Shares of Dongfang Electrical Machinery Co, the mainland's first power-equipment maker listed in Hong Kong, gained 35 cents, or 11.5 per cent, to close at $3.40 yesterday.

11 Jan 1997 - 12:00am

Harbin Power Equipment

HARBIN Power Equipment is a leading manufacturer of power generating equipment in China. A year ago S. G. Warburg said the stock was trading on an attractive level of 10 times earnings, in line with the market.

It predicted the firm was unlikely to be affected by the more selective approach adopted by the Government in its 1995 investment plan.

7 Jan 1996 - 12:00am

HARBIN Power Equipment

HARBIN Power Equipment makes a range of electric power generating equipment including thermal power generator sets, comprising boilers, steam and hydro-turbines and turbine generator sets.

The stock listed in Hong Kong this time last year and Vickers Ballas Securities advised investors to subscribe.

10 Dec 1995 - 12:00am

Plunging index does not worry Harbin

A PLUMMETING stock market and a debut flop by a Chinese state-run company yesterday did not cause much concern for Harbin Power Equipment Co, which publicly offers its shares on the Hong Kong Stock Exchange on Monday.

3 Dec 1994 - 12:00am