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CSSC Offshore & Marine Engineering (Group) Company Limited Class H ( (HK:0317) ) has shared an update.
CSSC Offshore & Marine Engineering has announced an estimated significant improvement in its 2024 financial results, projecting a net profit increase between RMB301.93 million and RMB351.93 million, marking a 628.14% to 732.16% growth from the previous year. This substantial profit rise is attributed to the robust shipbuilding market, enhanced order structure, and increased production efficiency, promising positive implications for the company’s stakeholders.
More about CSSC Offshore & Marine Engineering (Group) Company Limited Class H
CSSC Offshore & Marine Engineering (Group) Company Limited operates in the shipbuilding industry, focusing on offshore and marine engineering. The company is positioned to optimize its order structure and production capacity, contributing significantly to its revenue growth.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.22B
Find detailed analytics on 0317 stock on TipRanks’ Stock Analysis page.