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Last $19.56 USD
Change Today +0.35 / 1.82%
Volume 265.7K
HOLI On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

hollysys automation technolo (HOLI) Key Developments

Hollysys Automation Technologies Wins Contract to Provide its Proprietary Distributed Control System for 2×1000MW Ultra-Supercritical Coal Fire Power Generating Units

Hollysys Automation Technologies, Ltd. announced that it has won a contract to provide its proprietary Distributed Control System (DCS) for 2×1000MW ultra-supercritical thermal power generating units to Datang Sanmenxia Power Plant. The units are expected to be placed in to operation around September 2016. The 2×1000MW ultra-supercritical thermal power generating units of Datang Sanmenxia Power Plant is a key project in Henan Province, which is funded and constructed by China Datang Corporation. In this project, Hollysys' DCS will control more than 25,000 points and the ProfiBus will control over 4,500 distributed devices for the two GW level generating units. In addition, the HAMS (HolliAS Asset Management System) perform as a central platform which is easy to integrate with other systems such as SIS, ERP, and MES.

HollySys Automation Technologies, Ltd. Presents at Credit Suisse 18th Annual Asian Investment Conference 2015, Mar-23-2015

HollySys Automation Technologies, Ltd. Presents at Credit Suisse 18th Annual Asian Investment Conference 2015, Mar-23-2015 . Venue: Conrad Hotel, Pacific Place, 88 Queensway, Hong Kong, Hong Kong. Speakers: Jennifer Zhang, Investor Relations Director.

HollySys Automation Technologies, Ltd. Presents at RBC Capital Markets Healthcare Conference 2015, Feb-25-2015 02:35 PM

HollySys Automation Technologies, Ltd. Presents at RBC Capital Markets Healthcare Conference 2015, Feb-25-2015 02:35 PM. Venue: The New York Palace Hotel, New York, New York, United States.

Hollysys Automation Technologies, Ltd. Signs on Contract to Provide the Ground-Based High-Speed Rail Signaling System and Equipment to Jinhua Wenzhou High-Speed Rail Line

Hollysys Automation Technologies, Ltd. announced that it signed a contract to provide the ground-based high-speed rail signaling system and equipment to Jinhua Wenzhou high-speed rail line, valued at RMB 58.46 million or approximately USD 9.35 million with a length of 188.8 km. The company is expected to be operated by the end of year 2015. According to the contract, Hollysys will supply the ground-based high-speed rail signaling system and equipment include Train Control Centers, Temporary Speed Restriction Servers, Line-side Electronic Units and other auxiliary equipment, which will work with the on-board signaling equipment ATP (Automatic Train Protection), as the critical control elements in the high-speed railway signaling systems to ensure the safety and reliability of the high-speed railway operation. Jinwen Line starts from Dongxiao Station (included) to Wenzhou South Station (included) with designed total length of 188.8 kilometers and includes 9 stations along the route. Jinwen Line is an important connection line between Shanghai-Kunming high-speed railway and eastern coastal railway in Zhejiang Province, which improves the local rail network and brings convenience to transport to northeast and southwest provinces through the connection of this line with other artery lines.

HollySys Automation Technologies, Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and First Half Ended December 31, 2014; Reiterates Earnings Guidance for the Fiscal Year 2015

HollySys Automation Technologies, Ltd. reported unaudited consolidated earnings results for the second quarter and first half ended December 31, 2014. For the quarter, the company reported income from operations of $20,082,698, income before income taxes of $19,149,645, net income attributable to the company’s stockholders of $19,106,999 or $0.32 diluted per share on total revenues of $130,295,926 against income from operations of $26,116,154, income before income taxes of $22,241,080, net income attributable to the company’s stockholders of $18,317,996 or $0.31 diluted per share on total revenues of $153,407,894 for the same period a year ago. Non-GAAP net income attributable to the company’s stockholders was $23,576,928 or $0.40 per basic and diluted share against $25,933,581 or $0.45 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $23,959,754 against $23,166,060 a year ago. Purchases of property, plant and equipment were $547,963 against $23,166,060 a year ago. For the first half, the company reported income from operations of $54,896,849, income before income taxes of $54,139,070, net income attributable to the company’s stockholders of $46,206,026 or $0.78 diluted per share on total revenues of $270,958,953 against income from operations of $47,902,489, income before income taxes of $46,410,173, net income of $20,376,166, net income attributable to the company’s stockholders of $38,346,933 or $0.66 diluted per share on total revenues of $266,638,525 for the same period a year ago. Net cash provided by operating activities was $23,166,060 and purchases of property, plant and equipment were $1,812,953. Non-GAAP net income attributable to the company’s stockholders was $50,733,984 or $0.86 per diluted share against $46,293,382 or $0.80 per basic and diluted share for the same period a year ago. The company reiterated its 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.

 

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