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An update from Beijing Urban Construction Design & Development Grp Co., Ltd Class H ( (HK:1599) ) is now available.
Beijing Urban Construction Design & Development Group Co., Ltd has issued a profit warning for the first half of 2025, anticipating a significant decrease in both revenue and net profit compared to the same period in 2024. The company attributes this decline to a lower conversion rate of new rail construction projects due to macroeconomic conditions, policy adjustments affecting the urban rail transit industry, and reduced construction revenue following the completion of a major project. The financial results are still being finalized and may be subject to adjustments.
More about Beijing Urban Construction Design & Development Grp Co., Ltd Class H
Beijing Urban Construction Design & Development Group Co., Ltd is a joint stock company based in China, primarily engaged in the design and development of urban construction projects. The company focuses on the urban rail transit industry, providing design and construction services for rail infrastructure projects.
Average Trading Volume: 466,984
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.89B
For an in-depth examination of 1599 stock, go to TipRanks’ Overview page.