Tag Archives: Extrusions

Midas – Contract win is a good news, but not good enough

Midas yesterday announced winning two high speed rail (HSR) projects was a good news. She had respectively won RMB185.4m and RMB143.5m with CNR Changshun and CNR Tangshan, both are long existing customers of Midas. In total the contract value was … Continue reading

Posted in Midas, YZ-ENGINEERING, YZ-MANUFACTURING | Tagged , , , , | Leave a comment

Midas – Heavy debt will be the main obstacle

The FY 2014 results has just been released and overall financial results seemed to have improved. The revenue had increased by 14.8% from RMB1148 to RMB1318m. The net profit attributable to shareholders improved even more at 18.1% from RMB47.7m to … Continue reading

Posted in Midas, YZ-LAND TRANSPORT, YZ-MANUFACTURING | Tagged , , , , , , | Leave a comment