CSSC Offshore & Marine Engineering (Group) Company Limited Class H (HK:0317) has released an update.
CSSC Offshore & Marine Engineering (Group) Company Limited anticipates a significant increase in net profit for the first half of 2024, with estimates ranging from RMB135 million to RMB160 million, marking an impressive growth of up to 1,163.30% compared to the previous year. This forecasted surge is attributed to a substantial profit realization, excluding non-recurring gains or losses, potentially achieving a net profit jump of 675.25% to 836.76%. Investors are advised that these figures are preliminary and unaudited, and to consider the investment risks involved.
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