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YCIH Green High-Performance Concrete Co., Ltd. Class H ( (HK:1847) ) has provided an update.
YCIH Green High-Performance Concrete Co., Ltd. announced a substantial increase in newly signed sales contracts for the first quarter of 2025, totaling approximately RMB 870 million, which marks a 110.6% rise compared to the previous year. This growth is largely driven by large-scale projects, with significant contributions from the concrete business and new product lines such as RPC cover plates and prefabricated components. However, the company cautions that the actual revenue recognition will depend on the progress of customer projects.
More about YCIH Green High-Performance Concrete Co., Ltd. Class H
YCIH Green High-Performance Concrete Co., Ltd. is a joint stock company incorporated in China, specializing in the production and sales of high-performance concrete and related products. The company focuses on large-scale projects and has a significant presence in the construction industry.
YTD Price Performance: 24.32%
Average Trading Volume: 22,090
Technical Sentiment Signal: Buy
Current Market Cap: HK$61.59M
Find detailed analytics on 1847 stock on TipRanks’ Stock Analysis page.