Picture of Nexteer Automotive logo

1316 — Nexteer Automotive News Story

0.000.00%
hk flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid CapContrarian

Brief: Nexteer Automotive says HY revenue increased by about 17.1% to US$1.92 bln

Aug 17 (Reuters) - Nexteer Automotive Group Ltd  1316.HK : 
 * Interim results announcement for the six months ended June 30, 2016  1316.HK  
 * HY revenue increased by approximately 17.1% to US$1.92 billion 
 * Expect amortisation expense to continue to increase in future years with the launch of new programs that are currently under development 
 * Says board does not recommend any interim dividend for the six months ended June 30, 2016. 
 * HY profit attributable to equity holders of us$148.9 mln vs us$96.5 mln  
 * Source text (http://bit.ly/2brkgp8) 
 
 
   ((Further company coverage:  1316.HK )) 
   ((Bangalore.newsroom@thomsonreuters.com))

Recent news on Nexteer Automotive

See all news