https://www.scmp.com/rss/200698/feed Sinofert Holdings is China’s largest fertiliser producer and distributor. Its shareholders are Sinochem Group, with 53 per cent, Potash Corp, with 22 per cent, and the remainder is listed in Hong Kong where its stock code i2 297. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Shares in Sinofert, China’s largest fertiliser maker and distributor, lost nearly 11 per cent of their value on Wednesday after it announced it was selling its stake in a key production asset to its parent for 8 billion yuan (US$1.21 billion) to fund what it called a major restructure. The company, owned by state-run chemicals-to-financial services conglomerate Sinochem, has been studying various ways of modernising China’s agricultural industry – everything from diversifying planting methods to... https://www.scmp.com/business/companies/article/2116909/chinas-largest-fertiliser-maker-sinofert-sells-stake-key?utm_source=rss_feed https://www.scmp.com/business/companies/article/2116909/chinas-largest-fertiliser-maker-sinofert-sells-stake-key?utm_source=rss_feed Wed, 25 Oct 2017 06:12:14 +0000 Sinofert, the mainland’s largest fertiliser maker and distributor, says its second-half profitability will likely improve although it saw no quick-fix to chronic industry over-capacity. The Hong Kong-listed unit of state-owned oil and gas-to-property conglomerate Sinochem posted a 60.8 per cent year-on-year net profit fall to 138 million yuan (HK$173.5 million) for the year’s first six months. It was within the 55 to 65 per cent profit decline warning it flagged early this month. Chief executive... https://www.scmp.com/business/companies/article/1578981/sinofert-expects-second-half-pickup-despite-over-capacity?utm_source=rss_feed https://www.scmp.com/business/companies/article/1578981/sinofert-expects-second-half-pickup-despite-over-capacity?utm_source=rss_feed Fri, 22 Aug 2014 01:41:18 +0000 Sinofert, the mainland’s largest fertiliser producer and distributor, expects to post a 55 per cent to 65 per cent year-on-year drop in net profit for the year’s first six months. The expected decrease “is mainly attributable to the impact of the overall operating market environment of the fertiliser industry, which caused a corresponding decline in the operating results of the group,” the Hong Kong-listed firm said in a statement to the stock exchange. Sinofert had a net profit of 352 million... https://www.scmp.com/business/companies/article/1566949/sinofert-forecasts-least-55pc-decrease-net-profit-first-half?utm_source=rss_feed https://www.scmp.com/business/companies/article/1566949/sinofert-forecasts-least-55pc-decrease-net-profit-first-half?utm_source=rss_feed Tue, 05 Aug 2014 07:47:17 +0000 Sinofert, China's largest fertiliser producer and distributor, expects a lower potash price resulting from the disintegration of a marketing oligopoly in Eastern Europe to stimulate demand in the mainland. "Chinese farmers' potash consumption level is less than half the optimal level for crop growth, so there is plenty of room for it to rise," said chief executive Feng Zhibin. But he would not comment on how lower prices of potash, or potassium fertiliser, would impact its overall profit margin,... https://www.scmp.com/business/companies/article/1298553/sinofert-profits-hit-lower-prices-first-half?utm_source=rss_feed https://www.scmp.com/business/companies/article/1298553/sinofert-profits-hit-lower-prices-first-half?utm_source=rss_feed Thu, 22 Aug 2013 05:43:25 +0000 Sinofert Holdings, the country's largest fertiliser distributor, posted a 43.24 per cent increase in underlying net profit last year and said it planned to raise its market share on the mainland to 25 per cent by 2010 from 17 per cent last year. To better ensure supply, the company also aimed to boost its annual production capacity through mergers and acquisitions to 10 million tonnes this year, up from 7.8 million tonnes last year, and to 15 million tonnes by 2010, chief executive Du Keping ... https://www.scmp.com/article/631648/sinofert-lifts-targets-after-core-earnings-rise-43pc?utm_source=rss_feed https://www.scmp.com/article/631648/sinofert-lifts-targets-after-core-earnings-rise-43pc?utm_source=rss_feed Fri, 28 Mar 2008 16:00:00 +0000 Sinofert Holdings, the mainland's largest fertiliser importer and distributor, said the recent rise in fertiliser export tax would not have a big impact on its operation. Chief financial officer Zhang Baohong said after the company's special shareholders' meeting that the firm's exports accounted for less than 10 per cent of its sales volume. 'The tax rise was to secure domestic supply and promote price stability. The government does not want to see huge price volatility, so there is... https://www.scmp.com/article/621120/sinofert-sees-limited-impact-after-increase-urea-export-levy?utm_source=rss_feed https://www.scmp.com/article/621120/sinofert-sees-limited-impact-after-increase-urea-export-levy?utm_source=rss_feed Fri, 28 Dec 2007 16:00:00 +0000 Sinofert Holdings, the mainland's largest fertiliser importer and distributor, has agreed to buy its parent Sinochem Corp's 18.5 per cent stake in Shenzhen-listed potassium fertiliser producer Qinghai Salt Lake Potash for 6.73 billion yuan. The deal, Sinofert's first asset injection since 2005, came after Qinghai Salt Lake Potash's share price gained more than five times in value since the start of last year, in line with gains in the Shenzhen Composite Index. In a statement to the Shenzhen... https://www.scmp.com/article/612007/sinofert-buys-67b-yuan-stake-potash-firm?utm_source=rss_feed https://www.scmp.com/article/612007/sinofert-buys-67b-yuan-stake-potash-firm?utm_source=rss_feed Wed, 17 Oct 2007 16:00:00 +0000 Sinofert Holdings, the fertiliser distribution unit of mainland oil trader Sinochem Corp, said first-half underlying profit surged 31 per cent as selling prices increased amid higher demand from farmers. Net profit rose 14 per cent from a year earlier to HK$530 million on a 39 per cent increase in sales to HK$14.34 billion. Excluding a HK$79 million loss in fair value of convertible loan notes, underlying profit should be HK$610 million. Sinofert, aiming to boost its share in the domestic... https://www.scmp.com/article/605753/sinoferts-core-profit-31pc-price-rise?utm_source=rss_feed https://www.scmp.com/article/605753/sinoferts-core-profit-31pc-price-rise?utm_source=rss_feed Mon, 27 Aug 2007 16:00:00 +0000 Sinofert Holdings, the fertiliser unit of mainland oil trader Sinochem Corp, has offered to sell US$300 million new shares to fund an asset acquisition from its parent, sources said. The 400 million shares were offered at HK$5.78 to HK$6 each, representing an up to 7.67 per cent discount to the stock's last closing of HK$6.26, according to a sale document sent to institutional investors. Citi is the bookrunner on the deal. Sinofert shares have almost doubled since the beginning of the... https://www.scmp.com/article/600035/sinofert-share-sale-funds-acquisition?utm_source=rss_feed https://www.scmp.com/article/600035/sinofert-share-sale-funds-acquisition?utm_source=rss_feed Tue, 10 Jul 2007 16:00:00 +0000 Sinofert Holdings, the fertiliser unit of mainland oil trader Sinochem Corp, expects to complete one to two acquisitions of minority stakes in nitrogenous fertiliser makers this year, chief executive Du Keping says. Sinofert, China's largest fertiliser distributor, will take stakes of less than 10 per cent to form supplier-distributor alliances as part of its strategy to expand sales volume, he said. 'We aim to use small stake investments to secure long-term, stable and large procurement... https://www.scmp.com/article/589113/sinofert-growth-plan-includes-purchase-two-fertiliser-makers?utm_source=rss_feed https://www.scmp.com/article/589113/sinofert-growth-plan-includes-purchase-two-fertiliser-makers?utm_source=rss_feed Sun, 15 Apr 2007 16:00:00 +0000 Sinofert Holdings, the mainland's largest fertiliser importer, saw its shares surge 7.73 per cent yesterday to a record on speculation that the company's long-awaited plan to buy its parent's assets would take place soon. Shares in the Hong Kong-listed unit of Sinochem Corp, the mainland oil and chemical conglomerate, closed at HK$4.32 with a hefty transaction volume of HK$188.92 million. The stock has gained 31.7 per cent over the past 10 trading days. A company spokesman said there was no... https://www.scmp.com/article/581862/expectation-acquisitions-sees-sinofert-shares-surge?utm_source=rss_feed https://www.scmp.com/article/581862/expectation-acquisitions-sees-sinofert-shares-surge?utm_source=rss_feed Mon, 12 Feb 2007 16:00:00 +0000 Sinochem Corp, a state-owned conglomerate focusing on oil and petrochemicals trading, has paid US$228 million for 24.5 per cent of an offshore oil project operated by PetroChina. It is Sinochem's first foray into domestic oil production and its largest oilfield acquisition to date. Sinochem, parent of Hong Kong-listed fertiliser maker and importer Sinofert Holdings, said it had completed the purchase of 100 per cent of US-registered New XCL China, whose shareholders include investors Trust... https://www.scmp.com/article/581097/sinochem-acquires-stake-oil-project?utm_source=rss_feed https://www.scmp.com/article/581097/sinochem-acquires-stake-oil-project?utm_source=rss_feed Tue, 06 Feb 2007 16:00:00 +0000 Improved sales of domestically produced fertiliser offset sharp drop in revenue from imported products Sinochem Hong Kong Holdings, China's largest fertiliser distributor, posted a 19.4 per cent rise in first-half net profit, as increased sales of domestically produced nitrogenous products more than offset a sharp drop in imported potassium fertiliser sales caused by prolonged negotiations with overseas suppliers. The Beijing-based company, a unit of state-owned oil and petrochemical firm... https://www.scmp.com/article/563047/sinochem-records-194pc-rise-earnings?utm_source=rss_feed https://www.scmp.com/article/563047/sinochem-records-194pc-rise-earnings?utm_source=rss_feed Wed, 06 Sep 2006 16:00:00 +0000 Today Interim: Foxconn International Holdings, Lijun International Pharmaceutical (Holding), Perennial International, Shangri-La Asia, Shenzhen International Holdings, United Metals Holdings, Varitronix International Final: Chinese People Gas Holdings AGM: Daiwa Associate Holdings, Sam Woo Holdings Sept 5 Interim: AAC Acoustic Technologies Holdings, China Mengniu Dairy, China Travel International Investment Hong Kong, Datronix Holdings, Denway Motors, Greentown China Holdings, Sing Tao News... https://www.scmp.com/article/562324/results-diary?utm_source=rss_feed https://www.scmp.com/article/562324/results-diary?utm_source=rss_feed Thu, 31 Aug 2006 16:00:00 +0000 Sinochem Hong Kong Holdings, China's largest fertiliser importer, has raised $1.3 billion to fund its expansion by selling bonds that are convertible to shares. The red chip, a subsidiary of oil and petrochemical distribution major Sinochem Corp, completed the sale of $1 billion worth of bonds yesterday, market sources said. The sole bookrunner, Deutsche Bank, then exercised an overallotment option to sell an additional $300 million worth of the five-year bonds. The bonds carry a conversion... https://www.scmp.com/article/557561/sinochem-raises-13b-bond-sale?utm_source=rss_feed https://www.scmp.com/article/557561/sinochem-raises-13b-bond-sale?utm_source=rss_feed Fri, 21 Jul 2006 16:00:00 +0000 Today 1st Interim: San Miguel Brewery Hong Kong Interim: Eco-Tek Holdings, Sys Solutions Holdings Final: Sanmenxia Tianyuan Aluminum AGM: Digital China Holdings, Omnicorp, Sinochem Hong Kong Holdings June 12 3rd Quarter: GreaterChina Technology Group Final: Wheelock Properties AGM: C.P. Pokphand June 13 Final: China Elegance (Holdings) June 14 Interim: B.A.L. Holdings 3rd Quarter: China Medical Science Final: E. Bon Holdings, Gold Peak Industries (Holdings), Golden Meditech Co,... https://www.scmp.com/article/552045/results-diary?utm_source=rss_feed https://www.scmp.com/article/552045/results-diary?utm_source=rss_feed Thu, 08 Jun 2006 16:00:00 +0000 Today 1st Quarter: TPV Technology AGM: Foxconn International Holdings, Golden Dragon Group (Holdings), MTR Corporation, TCL Multimedia Technology Holdings, Xinyu Hengdeli Holdings Tomorrow 1st Interim: San Miguel Brewery Hong Kong Interim: Eco-Tek Holdings, Sys Solutions Holdings Final: Sanmenxia Tianyuan Aluminum AGM: Digital China Holdings, Omnicorp, Sinochem Hong Kong Holdings June 12 3rd Quarter: GreaterChina Technology Group Final: Wheelock Properties AGM: C.P. Pokphand June 13... https://www.scmp.com/article/551957/results-diary?utm_source=rss_feed https://www.scmp.com/article/551957/results-diary?utm_source=rss_feed Wed, 07 Jun 2006 16:00:00 +0000 Today Final: Automated Systems Holdings AGM: Wong's International (Holdings)Tomorrow 1st Quarter: TPV Technology AGM: Foxconn International Holdings, Golden Dragon Group (Holdings), MTR Corporation, TCL Multimedia Technology Holdings, Xinyu Hengdeli HoldingsJune 9 1st Interim: San Miguel Brewery Hong Kong Interim: Eco-Tek Holdings, Sys Solutions Holdings Final: Sanmenxia Tianyuan Aluminum AGM: Digital China Holdings, Omnicorp, Sinochem Hong Kong HoldingsJune 12 3rd Quarter: GreaterChina... https://www.scmp.com/article/551820/results-diary?utm_source=rss_feed https://www.scmp.com/article/551820/results-diary?utm_source=rss_feed Tue, 06 Jun 2006 16:00:00 +0000 Today Final: Johnson Electric Holdings AGM: Jiangsu Expressway Tomorrow AGM: Kader Holdings, Lee Hing Development, Tristate Holdings June 7 Final: Automated Systems Holdings AGM: Wong's International (Holdings) June 8 1st Quarter: TPV Technology AGM: Foxconn International Holdings, Golden Dragon Group (Holdings), MTR Corporation, TCL Multimedia Technology Holdings, Xinyu Hengdeli Holdings June 9 1st Interim: San Miguel Brewery Hong Kong Interim: Eco-Tek Holdings, Sys Solutions... https://www.scmp.com/article/551588/results-diary?utm_source=rss_feed https://www.scmp.com/article/551588/results-diary?utm_source=rss_feed Sun, 04 Jun 2006 16:00:00 +0000 June 5 Final: Johnson Electric Holdings AGM: Jiangsu Expressway June 6 AGM: Kader Holdings, Lee Hing Development, Tristate Holdings June 7 Final: Automated Systems Holdings AGM: Wong's International (Holdings) June 8 1st Quarter: TPV Technology AGM: Foxconn International Holdings, Golden Dragon Group (Holdings), MTR Corporation, TCL Multimedia Technology Holdings, Xinyu Hengdeli Holdings June 9 1st Interim: San Miguel Brewery Hong Kong Interim: Eco-Tek Holdings, Sys Solutions... https://www.scmp.com/article/551257/results-diary?utm_source=rss_feed https://www.scmp.com/article/551257/results-diary?utm_source=rss_feed Fri, 02 Jun 2006 16:00:00 +0000 Fertiliser supplier will increase imports and spend billions to acquire plants from its parent company Sinochem Hong Kong Holdings aims to increase sales volume by almost 80 per cent and double its outlets in three years as it taps growth opportunities offered by the government's policies to raise demand and output of agricultural products. China's largest fertiliser supplier will realise the plan by increasing imports and spending billions in the next three years to acquire fertiliser... https://www.scmp.com/article/544306/sinochem-expansion-drive?utm_source=rss_feed https://www.scmp.com/article/544306/sinochem-expansion-drive?utm_source=rss_feed Mon, 10 Apr 2006 16:00:00 +0000 April 10 Final: Angang New Steel, APT Satellite Holdings, Asia Zirconium, China Eastern Airlines Corporation, China Electronics Corporation Holdings, China Mengniu Dairy, China Special Steel Holdings, Everpride Biopharmaceutical, IPE Group, Jiaoda Kunji High-Tech, Lee & Man Holding, Semtech International Holdings, Shenzhou International Group Holdings, Sinochem Hong Kong Holdings, Tai Fook Securities Group, Unity Investments Holdings, Varitronix International, Wong's International... https://www.scmp.com/article/543960/results-diary?utm_source=rss_feed https://www.scmp.com/article/543960/results-diary?utm_source=rss_feed Fri, 07 Apr 2006 16:00:00 +0000 Today Interim: Crocodile Garments, Lai Fung Holdings, Lai Sun Development, Lai Sun Garment (International) Final: Baoye Group, Bright International Group, China Insurance International Holdings, China Resources Logic, China Strategic Holdings, COFCO International, Cross-Harbour (Holdings), ENM Holdings, eSun Holdings, Huali Holdings (Group), Jiangsu Expressway, NewOcean Green Energy Holdings, Pacific Plywood Holdings, Qualipak International Holdings, S E A Holdings, Shenzhen High-Tech Holdings,... https://www.scmp.com/article/543746/results-diary?utm_source=rss_feed https://www.scmp.com/article/543746/results-diary?utm_source=rss_feed Thu, 06 Apr 2006 16:00:00 +0000 Today 1st Quarter: Fast Systems Technology Final: Decca Holdings, Emperor Entertainment Hotel, Fast Systems Technology, Gay Giano International Group, Kingmaker Footwear Holdings, Pak Tak International Tomorrow Final: Cafe de Coral Holdings, Chuang's Consortium International, Fairwood Holdings, Golden Resources Development International, Linfair Holdings, Lo's Enviro-Pro Holdings, National Electronics Holdings, Samson Paper Holdings, Tungtex (Holdings), Wah Ha Realty July 13 Final: Chevalier... https://www.scmp.com/article/507816/results-diary?utm_source=rss_feed https://www.scmp.com/article/507816/results-diary?utm_source=rss_feed Sun, 10 Jul 2005 16:00:00 +0000 July 11 1st Quarter: Fast Systems Technology Final: Decca Holdings, Emperor Entertainment Hotel, Fast Systems Technology, Gay Giano International Group, Kingmaker Footwear Holdings, Pak Tak InternationalJuly 12 Final: Cafe de Coral Holdings, Chuang's Consortium International, Fairwood Holdings, Golden Resources Development International, Linfair Holdings, Lo's Enviro-Pro Holdings, National Electronics Holdings, Samson Paper Holdings, Tungtex (Holdings), Wah Ha RealtyJuly 13 Final: Chevalier... https://www.scmp.com/article/507549/results-diary?utm_source=rss_feed https://www.scmp.com/article/507549/results-diary?utm_source=rss_feed Fri, 08 Jul 2005 16:00:00 +0000 Sinochem Hong Kong Holdings will launch an international roadshow in two weeks to market its new share offering, sources said. The company will issue no more than 3.9 billion new shares at 10 cents or higher, according to a shareholder circular. The share placement's price will be determined through a book-building exercise and the shares will be issued by July 28. Shareholders yesterday approved the $5.05 billion acquisition of fertiliser assets from ultimate parent Sinochem Corp, the... https://www.scmp.com/article/507241/sinochem-hong-kong-plans-sale-roadshow?utm_source=rss_feed https://www.scmp.com/article/507241/sinochem-hong-kong-plans-sale-roadshow?utm_source=rss_feed Tue, 05 Jul 2005 16:00:00 +0000 Dec 16 Interim: 139 Holdings, Berjaya Holdings (HK), Capital Strategic Investment, Cosmopolitan International Holdings, Daiwa Associate Holdings, Extrawell Pharmaceutical Holdings , Four Seas Food Investment Holdings, Four Seas Mercantile Holdings, Hansom Eastern (Holdings), Kingmaker Footwear Holdings, Luk Fook Holdings (International) , Pacific Andes International Holdings, Seapower Resources International, Shui On Construction and Materials, Stelux Holdings International, Styland Holdings,... https://www.scmp.com/article/482359/results-diary?utm_source=rss_feed https://www.scmp.com/article/482359/results-diary?utm_source=rss_feed Wed, 15 Dec 2004 16:00:00 +0000