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Sinosteel Engineering & Technology (000928.SZ): Achieved full coverage of the company's main process segment digital sample factory.
On May 8, Gelonghui reported that Sinosteel Engineering & Technology (000928.SZ) stated in their investor relations that the company is based on "intelligence" and empowers greenness through digital technology to enhance overall equipment levels, comprehensively promoting the construction and application of digital Assets in the engineering field, increasing Engineering & Construction efficiency, and achieving full coverage of digital model plants in the company's main process segments. By 2025, the company will actively practice China Baowu's "2526" project, respond to the national strategy of "deep integration of digital economy and real economy," and focus on promoting the deep integration of AI, digitalization, informatization with EPC engineering control, deepening the support of digital technology for Technology innovation.
Sinosteel Engineering & Technology (000928): Relying on overseas prosperity to demonstrate operational resilience, multiple catalysts are expected in 2025.
Event description Sinosteel Engineering & Technology released performance for 2024 and Q1 2025: In 2024, the company achieved total revenue of 17.647 billion yuan, a year-on-year decrease of 33.1%; achieved net income attributable to the parent of 0.835 billion yuan, year-on-year.
Sinosteel Engineering & Technology (000928): gross margin significantly improved, Cash / Money Market flow markedly enhanced.
The company released its annual report and first-quarter report: In 2024, it achieved revenue of 17.6 billion, a year-on-year decrease of 33.10%. The net profit attributable to the parent company and the net profit after non-recurring items are 0.835 billion and 0.747 billion respectively, an increase of 9.7% and 19.0% year-on-year, with the net profit attributable to the parent company basically in line.
Sinosteel Engineering & Technology (000928): Profitability has significantly improved, and overseas Business performance is remarkable.
Event: The company has released the 2024 annual report and the first quarter report for 2025. The net income attributable to the parent company has shown steady growth, and the new domestic projects signed in the first quarter are increasing rapidly. The company achieved revenue of 17.647 billion yuan in 2024, a year-on-year decrease of 33.1%;
Sinosteel Engineering & Technology: Announcement of voluntary information disclosure regarding the operation of engineering Business in the first quarter of 2025.
Sinosteel Engineering & Technology: 2024 Annual Report