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Norinco International Cooperation (000065): Profitability improvement, Operation Business steadily advancing.
Event description: the company achieved revenue of 3.65 billion yuan in the first quarter of 2025, a year-on-year decrease of 27.22%; net income attributable to shareholders was 0.177 billion yuan, a year-on-year decrease of 32.97%; the net income attributable to shareholders after deducting non-recurring gains and losses was 0.175 billion yuan.
Norinco International Cooperation (000065): The coking coal trade is sluggish, and revenue is under pressure during this stage.
The investment event company announced the Q1 report for 2025, with revenues of 3.65 billion, a year-on-year decrease of 27%; net profit attributable to the parent company was 0.18 billion, a year-on-year decrease of 33%; and net profit attributable to the parent company after deduction was 0.18 billion, a year-on-year decrease of 33.
Norinco International Cooperation (000065): Falling coal prices dragged down profit in Q1, with future production at the Bangladesh power plant potentially contributing new output.
Event: The company announced revenue of 3.65 billion yuan in the first quarter of 2025, a decrease of 27.22% year-on-year; achieved a Net income of 0.177 billion yuan, a decline of 32.97% year-on-year; achieved a non-dedicated Net income of 0.175 billion yuan, a decrease of 32.
Norinco International Cooperation (000065): Q1 performance under pressure and declined, still Bullish on the development of Belt and Road Initiative Concept + Operation projects.
In Q1, the performance was impacted by the decline in coal prices, but there is still a bullish outlook on the company's integrated investment and operation business development prospects. The company released its Q1 2025 report, showing a revenue of 3.65 billion yuan, a year-on-year decrease of 27.22%, and a Net income of 1.
Northern International: Report for the first quarter of 2025
Northern International: Announcement on the operation of the engineering business for the first quarter of 2025