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SHENZHEN, China, April 7, 2021 /PRNewswire/ Shanghai Electric (the Company ) (SEHK: 02727, SSE: 601727), the world s leading manufacturer and supplier of electric power generation equipment, industrial equipment and integration services, has released its audited results for the fiscal year ended 31 December 2020.
Shanghai Electric 2020 Annual Results
In 2020, the Company achieved total revenue of RMB 137.285 billion, a year-on-year increase of 7.67%, and the net profit attributable to owners of the Company increased 7.34% year-on-year to RMB 3.758 billion. New orders grew to RMB 185.55 billion and orders on hand rose to RMB 276.09 billion, a year-on-year increase of 8.7% and 14.7% respectively. The Company proposed to pay a final dividends of RMB 0.7178 for every ten shares.
Irish agri-food exporters got a welcome reprieve after the UK government announced a six month delay to customs controls that were due to come into effect today.
Food producers had been expected to produce certain customs documents and certificates signed by vets to move products of animal origin into Britain.
Those checks will now start in October. Full processes for some other imports will not come into force until January 2022.
Carol Lynch, Partner in BDO Customs and International Trade Services, said it was a welcome reprieve on both sides of the Irish Sea as Irish exporters were not ready for new UK import controls, had they been implemented from today.
Enterprise Ireland hosts âRules of Originâ webinar The webinar will address the complex rules that Irish businesses must understand around the country of origin of products traded between Ireland and the UK post-Brexit
Enterprise Ireland is hosting a webinar, âRules of Origin: How Rules of Origin affect your business to trade to, from or through the UKâ, which takes place on Tuesday, 23 February at 9.30-10.30am.
Rules of origin form an integral part of the new trade and cooperation agreement (TCA) between the EU and UK. The rules have led to disruption in supply chains since 1 January, potentially adding significant extra costs on importers and exporters, particularly in Ireland where many Irish firms source goods from distribution hubs in the UK (excluding Northern Ireland). Minister for Trade Promotion, Digital and Company Regulation, Robert Troy TD will open the webinar and welcome delegates. The guest speaker is Carol Lynch o
Plimsoll Productions Since the end of the Brexit transition period, firms are facing several changes when trading with Europe. The film and TV industry can now choose to use an ATA Carnet when transporting goods temporarily into EU countries or transferring them through the EU to non-EU or other countries. Business West is providing a bespoke service to support film production companies to understand the new process and get their equipment safely to its destination. An ATA Carnet is a customs document that is needed when importing professional equipment, commercial samples, or goods for international fairs and exhibitions, temporarily into countries that are part of the ATA Carnet system.
The Embassy of Sri Lanka in Manila initiated a virtual introductory meeting between the State Trading Corporation of Sri Lanka (STC) and the Philippine International Trading Corporation (PITC) on 13 January 2021 to discuss opportunities for mutually-beneficial trade engagements between Sri Lanka and the Philippines.
Ambassador Shobini Gunasekera, in her welcome remarks, enjoined the two organizations to pursue worthwhile initiatives in the trade sector with the goal of strengthening the bilateral trade relations of the two countries. She highlighted the importance of identifying areas for engagement in the trade sector where the strengths and expertise of both countries can complement on specifically in agriculture, information technology, processed food manufacturing, among others.