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Chongqing Machinery & Electric Co. Ltd. Class H ( (HK:2722) ) has shared an announcement.
Chongqing Machinery & Electric Co., Ltd. announced its audited consolidated results for the year ended December 31, 2024, highlighting a 10.7% increase in revenue to approximately RMB8,919.2 million and a 42.0% rise in profit attributable to shareholders to RMB431.3 million. The company’s earnings per share reached RMB0.12, indicating strong financial performance. These results reflect the company’s robust operational capabilities and strategic positioning in the market, potentially enhancing stakeholder confidence and market competitiveness.
More about Chongqing Machinery & Electric Co. Ltd. Class H
Chongqing Machinery & Electric Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the machinery and electric industry, focusing on manufacturing and distributing machinery and electric equipment.
YTD Price Performance: 60.0%
Average Trading Volume: 11,642
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €508.6M
For detailed information about 2722 stock, go to TipRanks’ Stock Analysis page.