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Selected announcements|HUA HONG SEMI's Q4 sales revenue increased by 18.4% year-on-year; AAC TECH's net income for 2024 is expected to increase by over 130%-145%.
In January, New China Life Insurance's original premium income increased by more than 30% year-on-year; CGN NEW ENERGY generated 1,527.6 gigawatt-hours in January, a decrease of 7.5% year-on-year.
Jutal Offshore Oil Services Expects Up to 37% Lower Attributable Profit for 2024
According to the profit warning, JUTAL OIL SER (03303.HK) expects its net profit to fall by as much as 37% last year.
JUTAL OIL SER (03303.HK) issued a profit warning, expecting that the net profit for the year ending December last year will be between 0.16 billion and 0.21 billion yuan, while the net profit for 2023 will decrease by approximately 18% to about 37%. The Board of Directors believes that the decrease in profit for the fiscal year 2024 is primarily due to a reduction in revenue and an increase in administrative expenses within the year.
JUTAL OIL SER (03303.HK): Expected annual net profit of 0.16 billion yuan to 0.21 billion yuan.
On February 13, Gelonghui reported that JUTAL OIL SER (03303.HK) announced the expectation that for the year ending December 31, 2024, the profit attributable to the company's owners is likely to be between approximately RMB 0.16 billion to RMB 0.21 billion, a decrease of approximately 18% to about 37% compared to the profit attributable to the company's owners for the year ending December 31, 2023 (RMB 0.255 billion). The Board of Directors believes that the decline in profit for 2024 compared to 2023 is mainly due to a decrease in revenue and an increase in administrative expenses during the year.
JUTAL OIL SER: PROFIT WARNING
Hong Kong Stock Concept Tracking | Trump's tariff policy may disrupt Global oil demand and supply, tanker freight rates may rise in the short term (with concept stocks attached).
If tariffs continue to be implemented, it is expected that the demand for tanker ton-miles will increase, while domestic refining capacity in the USA may decline.