Dongfang Electric (DNGFF) Projected to Post Earnings on Wednesday

Dongfang Electric (OTCMKTS:DNGFF) is anticipated to announce its resultson Wednesday, April 29th. Analysts expect the company to announce earnings of $0.0664 per share and revenue of $2.9727 billion for the quarter.

Dongfang Electric Stock Performance

OTCMKTS DNGFF opened at $5.70 on Wednesday. Dongfang Electric has a one year low of $2.00 and a one year high of $5.75. The company’s 50 day moving average price is $4.48 and its 200 day moving average price is $3.50.

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).