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China Railway Construction Corporation (601186): The cash outflow narrowed in the third quarter, with continuous pressure on investment and operation orders.
Performance continues to be under pressure, focus on companies with medium and long-term investment value in the first three quarters of 2024. Achieved revenue of 758.125 billion yuan, -5.99% year-on-year, achieved net income attributable to the mother of 15.695 billion yuan, -19.18% year-on-year, excluding non-recurring items.
China Railway Group's profit in the first three quarters increased by 6.6% year-on-year, while revenue fell slightly by 0.8%.
National Railways Group disclosed the financial results for the first three quarters of 2024, showing a total operating income of 900.7 billion yuan (RMB), a decrease of 0.8% from the same period in 2023; a profit of 12.9 billion yuan, an increase of 6.61% year-on-year. During the period, national railroads completed fixed asset investments of 561.2 billion yuan, a year-on-year increase of 10.3%, with 1,820 kilometers of new railroad lines put into operation, including 1,210 kilometers of high-speed rail. On the eve of the National Day, the total operating mileage of national railroads exceeded 0.16 million kilometers, with high-speed rail exceeding 0.046 million kilometers.
Featured Announcement | Industrial and Commercial Bank of China's net income exceeded 98.5 billion yuan in the third quarter, a year-on-year increase of 3.82%; BYD Company's Q3 net income increased by 11% to 11.6 billion yuan.
The industrial and commercial bank of china made a profit of nearly 270 billion yuan in the year, how is the growth rate? China Railway Construction Corporation's net profit in the third quarter decreased by nearly 20% year-on-year, how significant is the impact?
China Railway Construction: China Railway Construction Report for the Third Quarter of 2024
China Railway Construction Report for the Third Quarter of 2024
China Railway Construction Logs 34% Lower Net Attributable Profit for Q3
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