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CITIC Heavy Industries Report for the First Quarter of 2024 (after correction)
CITIC Heavy Industries' Corrections to Report for the First Quarter of 2024
There May Be Underlying Issues With The Quality Of CITIC Heavy Industries' (SHSE:601608) Earnings
CITIC Heavy Industries Co., Ltd. (SHSE:601608) announced strong profits, but the stock was stagnant. Our analysis suggests that this might be because shareholders have noticed some concerning underly
Express News | Guojin Securities: Optimistic about investment opportunities in robotics, construction machinery, railway equipment, etc.
CITIC Heavy Industries (601608): Leading domestic mining mill overseas business continues to grow
Investment logic: Based on mining and heavy equipment, net profit returned to mother in '23 reached an inflection point. The company's main business is mining and heavy equipment, and revenue increased from 4.62 billion yuan to 9.56 billion yuan in 17-23. Driven by overseas business for 23 years
CITIC Heavy Industries (601608.SH): Net profit of 897.78 million yuan in the first quarter increased 12.12% year over year
Gelonghui, April 25: CITIC Heavy Industries (601608.SH) released its report for the first quarter of 2024, achieving operating income of 2,177 billion yuan, up 0.22% year on year; net profit attributable to shareholders of listed companies of 897.78 million yuan, up 12.12% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 74.0261 million yuan, an increase of 96.41% year on year; basic earnings per share were 0.0207 yuan.
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