Last $25.19 USD
Change Today -0.41 / -1.60%
Volume 338.3K
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hollysys automation technolo (HOLI) Key Developments

HollySys Automation Technologies, Ltd. Presents at Hong Kong and China Corporate Day, Jan-21-2015

HollySys Automation Technologies, Ltd. Presents at Hong Kong and China Corporate Day, Jan-21-2015 . Venue: Mandarin Oriental Hotel, Hong Kong.

HollySys Automation Technologies, Ltd. Wins First C2+ATO TCC Contract of Foshan-Zhaoqing Intercity High-Speed Rail Line

HollySys Automation Technologies, Ltd. announced that it signed the company's first contract to provide the CTCS-2 Train Control Centers with Automatic Train Operation technology ("C2+ATO TCC") and other auxiliary systems and equipment to Foshan–Zhaoqing inter-city high-speed rail line (Fozhao Line), valued at RMB 18.88 million or approximately USD 3.05 million. The total length of this line is 79.72 kilometers, with designed running speed of 200km/h - 250km/h. This line is expected to begin operation in 2015. Hollysys will provide C2+ATO TCC, Temporary Speed Restriction Servers (TSRS), Line-side Electronic Units (LEU) and Balises to this line. C2+ATO TCC is an advanced technology compared with traditional C2-TCC, which will be mainly used in inter-city high-speed rail lines with similar function and working logic as subway running. Compared with traditional TCC, the C2+ATO TCC addsa Communication Server (CCS) to send control signals of opening or closing gates to the platform gate control system while collecting information such as platform gate, flood gate and emergency shutdown etc. and then sending the information to the Communication Server.

HollySys Automation Technologies, Ltd. Presents at 13th Annual dbAccess China Conference, Jan-12-2015

HollySys Automation Technologies, Ltd. Presents at 13th Annual dbAccess China Conference, Jan-12-2015 . Venue: Grand Hyatt Hotel, Beijing, China.

HollySys Automation Technologies, Ltd. Presents at Asia Infrastructure 1x1 Forum, Dec-09-2014

HollySys Automation Technologies, Ltd. Presents at Asia Infrastructure 1x1 Forum, Dec-09-2014 . Venue: 27/F Chater House, Hong Kong, Hong Kong.

Hollysys Automation Technologies, Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014; Reiterates Earnings Guidance for the Fiscal Year 2015

HollySys Automation Technologies, Ltd. reported unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported income from operations of $34,814,151, income before income taxes of $34,989,425, net income of $27,574,586, net income attributable to Hollysys Automation Technologies Ltd. stockholders of $27,099,027 or $0.46 diluted per share on total revenues of $140,663,027 against income from operations of $21,786,335, income before income taxes of $24,169,093, net income of $20,376,166, net income attributable to Hollysys Automation Technologies Ltd. stockholders of $20,028,937 or $0.35 diluted per share on total revenues of $113,230,631 for the same period a year ago. Net cash provided by operating activities was $793,694,000, purchases of property, plant and equipment was $1,264,990. Non-GAAP net income attributable to Hollysys Automation Technologies Ltd. stockholders was $27,157,055 or $0.46 per share against $20,359,801 or $0.35 per share for the same period a year ago. The company reiterates guidance for fiscal year 2015 with revenue in the range of $565 million to $600 million, and non-GAAP net income in the range of $94 million to $98 million. The company expects to have around lower than 15% effective tax rate in the fiscal year 2015.

 

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