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CSSC Offshore & Marine Engineering (Group) Company Limited Class H ( (HK:0317) ) has shared an announcement.
CSSC Offshore & Marine Engineering expects a sharp improvement in first-quarter 2026 earnings, projecting net profit attributable to shareholders of RMB360 million to RMB430 million, up 95.16% to 133.11% year on year. Excluding non-recurring gains and losses, underlying net profit is estimated at RMB330 million to RMB390 million, representing growth of 85.44% to 119.16% from the prior-year period.
The company attributes the stronger results to capitalizing on favorable conditions in the shipbuilding industry, achieving robust order intake and upgrading its product mix. It has also intensified lean production management and shortened production cycles, which together have enhanced operational efficiency and profitability compared with the first quarter of 2025.
More about CSSC Offshore & Marine Engineering (Group) Company Limited Class H
CSSC Offshore & Marine Engineering (Group) Company Limited is a Chinese shipbuilding and offshore engineering group listed in both Hong Kong and Shanghai. The company focuses on constructing and repairing ships and marine engineering equipment, serving global commercial shipping, offshore energy and related marine industries.
YTD Price Performance: 6.20%
Average Trading Volume: 4,092,866
Technical Sentiment Signal: Buy
Current Market Cap: HK$35.19B
For a thorough assessment of 0317 stock, go to TipRanks’ Stock Analysis page.