Dongfang Electric (DNGFF) to Release Quarterly Earnings on Wednesday

Dongfang Electric (OTCMKTS:DNGFF) will likely be posting its results before the market opens on Wednesday, April 1st. Analysts expect Dongfang Electric to post earnings of $0.0601 per share and revenue of $3.6456 billion for the quarter.

Dongfang Electric Stock Performance

Shares of OTCMKTS DNGFF opened at $4.30 on Monday. The firm has a 50 day moving average price of $4.11 and a two-hundred day moving average price of $3.20. Dongfang Electric has a 52-week low of $2.00 and a 52-week high of $5.13.

Dongfang Electric Company Profile

Dongfang Electric Corporation (OTCMKTS: DNGFF) is a leading Chinese state-owned enterprise specializing in the design, manufacture and installation of large-scale power generation equipment. Headquartered in Chengdu, Sichuan Province, the company offers a comprehensive portfolio that spans steam turbines, gas turbines, hydro turbines, boilers, generator sets, wind turbines and nuclear power plant components. In addition to core manufacturing, Dongfang Electric provides engineering, procurement, construction and installation (EPCI) services, as well as operations and maintenance support for power projects.

Founded in 1958 as the Chengdu Electric Machinery Plant and reorganized into its current corporate structure in 1984, Dongfang Electric is supervised by China’s State-owned Assets Supervision and Administration Commission (SASAC).