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Revenue Miss: China National Chemical Engineering Co., Ltd Fell 7.3% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
China National Chemical Engineering (601117): Q1 performance growth exceeds expectations, and profits in the Sector are expected to improve.
The annual revenue performance of 2024 demonstrates steady growth, with improved gross margin driving Q1 2025 results exceeding expectations. The company achieved total operating revenue of 186.6 billion, a year-on-year increase of 4.1%; and realized a net income of 5.7 billion, an increase of 4.8% year-on-year.
China National Chemical Engineering (601117): Steady growth in performance and successful production launch of new industrial projects.
Event: The company released its annual report for 2024 and the quarterly report for the first quarter of 2025. Performance has improved steadily, with a rapid growth in the amount of newly signed contracts Overseas. The company's revenue for 2024 is 186.613 billion yuan, a year-on-year increase of 4.14%; Net income attributable to the parent company is 56.
China National Chemical Engineering (601117): Profitability continues to optimize and overseas income sees substantial year-on-year growth.
Event: The company achieved revenue of 185.844 billion yuan in 2024, an increase of 4.20% year-on-year; net income attributable to shareholders of 5.688 billion yuan, an increase of 4.82% year-on-year; deducted net income attributable to shareholders of 5.515 billion yuan, an increase of 6.02%.
China Chemical: Summary of China Chemical\'s 2024 Annual Report
China Chemical: China Chemical 2024 Annual Report