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Express News | Chengdu Xingrong Environment: Subsidiary plans to invest in the construction of a waste incineration ash resource utilization project.
chengdu xingrong environment (000598.SZ): The policy of debt-for-equity swap is beneficial to improve the financial expenditure capacity of local governments, which may have a positive impact on the water affairs eco-friendly concept industry.
On November 14th, Glonhui reported that Chengdu Xingrong Environment (000598.SZ) stated in an investor relations activity that the debt reduction policy is conducive to improving the fiscal spending capacity of local governments, which may have a positive impact on the water affairs and eco-friendly concept industry. The company continues to pay attention to the implementation of relevant policies, maintains close communication with the government, and is committed to accelerating project payments to ensure the company's operation.
Chengdu Xingrong Environment (000598): Chengdu Water Affairs eco-friendly concept high-quality assets stable growth and dividend enhancement.
Investment Highlights: The company is a leading water affairs and eco-friendly concept integrated service provider under the Chengdu State-owned Assets Supervision and Administration Commission. The company is under the Chengdu State-owned Assets Supervision and Administration Commission, focusing on water affairs, and comprehensive development including solid waste, as an integrated service provider. As of the third quarter report of 2024, the major shareholder is Chengdu Environment.
Express News | chengdu xingrong environment: The company's bottled drinking water project has completed the production line construction.
chengdu xingrong environment (000598): Performance steadily growing, improvement in receipts and slowing down of credit impairment provision.
Investment Highlights: In the first three quarters of 2024, the company achieved revenue of 6.213 billion yuan, a year-on-year increase of 9.17%; net income attributable to the parent company was 1.626 billion yuan, a year-on-year increase of 9.14%; non-net income attributable to the parent company was 1.603 billion yuan, a year-on-year increase.
Chengdu Xingrong Environment (000598): Q3 net profit attributable to mothers increased by 9% year-on-year, in line with expectations.
Chengdu Xingrong Environment released its third-quarter report: Q3 achieved revenue of 2.205 billion yuan (yoy-0.29%, qoq+1.97%), with a slight year-on-year decrease mainly due to the confirmation of one-time income in 23Q3 and a high base. The net profit attributable to the parent company is 6.
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