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Chongqing Water GroupLtd's (SHSE:601158) Problems Go Beyond Weak Profit
A lackluster earnings announcement from Chongqing Water Group Co.,Ltd. (SHSE:601158) last week didn't sink the stock price. However, we believe that investors should be aware of some underlying facto
Chongqing Water Service (601158.SH): The water supply business is mainly concentrated in the main urban area of Chongqing, Jiangjin District, Hechuan District, etc.
Gelonghui, April 11 | Chongqing Water (601158.SH) said on the investor interactive platform that the company's water supply business is mainly concentrated in the main urban area of Chongqing, Jiangjin District, Hechuan District, etc., with the Yangtze River and Jialing River as the main water sources, and the raw water is treated according to regular (or deep) tap water treatment processes. Currently, the factory water quality of the company's water plants has fully met the new “Domestic Drinking Water Hygiene Standard” (GB5749-2022) requirements.
One Chongqing Water Group Co.,Ltd. (SHSE:601158) Analyst Just Cut Their EPS Forecasts
Today is shaping up negative for Chongqing Water Group Co.,Ltd. (SHSE:601158) shareholders, with the covering analyst delivering a substantial negative revision to this year's forecasts. Revenue and
Chongqing Water Group Co.,Ltd. Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Chongqing Water Group Co.,Ltd. (SHSE:601158) just released its latest full-year report and things are not looking great. Unfortunately, Chongqing Water GroupLtd delivered a serious earnings miss.
Chongqing Water (601158): Sewage fee reduced by 21%, dividend ratio increased to 75%
Net profit to the mother was -42.98%, with a target price of 7.33 yuan. Chongqing Water released an annual report. In 2023, it achieved revenue of 7.254 billion yuan (yoy -6.74%) and net profit of 1,089 billion yuan (yoy-4)
A-share changes丨Q4 performance plummeted, Chongqing Water plummeted by more than 9%
Gelonghui, April 3 | Chongqing Water (601158.SH) fell sharply by more than 9% and is now reported at 527 yuan, with a total market value of 25.2 billion yuan. According to news, the company achieved net profit of 1,089 billion yuan for the full year of 2023, a year-on-year decrease of more than 40%. Among them, net profit for the third quarter was -355 million yuan, down 257.98% year on year. After deducting non-net profit of 482 million yuan, it also decreased by 352.48%. The decline in the company's fourth-quarter results significantly dragged down full-year earnings results.
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