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China Shipbuilding Industry (601989) 2024 Q3 Review: Operational situation continues to improve, bullish on the release of full-year profits for the company.
Event description: china shipbuilding industry released its performance in the third quarter of 2024, with a revenue of 35.27 billion yuan in the first three quarters of 2024, a year-on-year increase of 16.35%; net income attributable to the parent company was 0.934 billion yuan, compared to -0.11 billion yuan in the same period last year; deductions...
Express News | Since the third quarter, 25 companies listed on the Shanghai Stock Exchange have disclosed merger and reorganization plans or suspended trading to implement reorganization, with a total transaction amount exceeding 240 billion yuan.
China Shipbuilding Industry (601989): Profit margin meets expectations. The elasticity of profits is showing, but patience is still needed.
Investment Highlights: Event: The company released the third quarter financial report of 2024. According to the company's announcement, the revenue in the first three quarters of 2024 was 35.27 billion yuan, up 16.35% year-on-year, with a net income attributable to the parent company of 0.934 billion yuan, turning positive year-on-year from negative.
In A-share market, the ship sector started trading lower.
On October 31st, China CSSC fell more than 3%, China Shipbuilding Industry fell more than 2%, China Marine Information Electronics, CSSC Offshore & Marine Engineering, and CSSC Special Gas followed the decline.
China Heavy Industries: China Heavy Industries Third Quarter Report 2024
China Heavy Industries Report for the Third Quarter of 2024
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