UCD: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024

HKEXMar 26 22:06 · Announcements

The State-owned Assets Supervision and Administration Commission of the State Council: unswervingly strengthen, optimize, and expand state-owned capital and state-owned enterprises.

The 2025 Issue 6 of the "Seeking Truth" magazine published a signed article by the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council titled "Unwaveringly Strengthening, Optimizing and Expanding State-owned Capital and State-owned Enterprises."

cls.cnMar 16 12:30

Beijing Urban Construction Design & Development Expects Up to 49% Decline in 2024 Profit

MT NewswiresFeb 28 16:41

Quick look at Hong Kong market | The three major Indexes collectively retreated, the tech Index dropped over 5%, and the net Inflow from the north was 11.9 billion HKD; some Mainland Real Estate stocks rose against the trend, with COUNTRY GARDEN increasin

Network Technology stocks have declined, with SENSING-W down 7.87% and MEITUAN-W down 6.25%; most semiconductor stocks have fallen, with INNOSPACE down 9.86% and HUA HONG SEMI down 7.67%; most Lithium Battery stocks have decreased, with TIANNENG POWER down 12.02% and BYD Electronics down 10.54%.

Futu NewsFeb 28 16:33

UCD (01599.HK) expects a net income of 0.466 billion yuan to -0.553 billion yuan for the fiscal year 2024, a year-on-year decrease of approximately 39% to 49%.

Gelonghui reported on February 28 that UCD (01599.HK) announced it expects group revenue for the 2024 fiscal year to be between approximately RMB 8.222 billion and RMB 9.271 billion, a decrease of about 11% to 21% compared to the revenue of approximately RMB 10.362 billion in the 2023 fiscal year; and that the group expects net income for the 2024 fiscal year to be between approximately RMB 0.466 billion and RMB 0.553 billion, a decline of about 39% to 49% compared to the net income of approximately RMB 0.91 billion in the 2023 fiscal year. The Board of Directors believes that the main reasons for the decline in revenue and net income include (i) the urban rail transit in recent years.

Gelonghui FinanceFeb 28 12:20

According to the profit warning, UCD (01599.HK) expects a drop in net profit of 39% to 49% last year, with revenue falling by 11% to 21%.

UCD (01599.HK) issued a profit warning, expecting that for the year ending December last year, total revenue will be between approximately 8.222 billion to 9.271 billion yuan RMB, a year-on-year decline of about 11% to 21%; and net profit will be between approximately 0.466 billion to 0.553 billion yuan RMB, a year-on-year drop of about 39% to 49%. The Board of Directors believes that the main reasons for the decline in revenue and net profit include policy adjustments in the urban rail transportation industry in recent years, adjustments to the number of urban rail transportation lines approved by the government, and a decrease in the scale of the group’s design business; affected by the macroeconomic situation, the group’s market expansion has slowed, and new rail lines are opening.

AASTOCKSFeb 28 12:14