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China Power Construction (601669): 24Q1 gross margin is slightly pressured, and the repayment environment for the industry may be weak
The company released its quarterly report for the year 24. In 24Q1, the company's total revenue was 140.3 billion yuan, yoy +5.1%, net profit to mother was 3 billion yuan, yoy +0.8%, net profit of non-return mother was 3 billion yuan, yoy +1.3%.
China Power Construction (601669) 2023 Annual Report and 2024 Quarterly Report Review: Water and Energy Dual Engines Drive New Contracts and Steady Growth in Performance
Incident: The company released its annual report for the year 23 and the quarterly report for the year 24. The company achieved revenue/net profit attributable to mother/net profit after deduction of RMB 6094/130/11.7 billion yuan respectively, +6.4%/+13.6%/
PowerChina Starts Serbian Stadium Construction
Power Construction Corp. of China (SHA:601669) or PowerChina started the construction of Serbia's National Stadium, Xinhua reported May 1. Serbian president Aleksandar Vučić attended the stadium's g
China Power Construction (601669): High profit increase in Q4 and smooth transformation of new energy operations
Incident: The company achieved revenue of 609.408 billion yuan in 2023, a year-on-year increase of 6.43%, net profit of 12.988 billion yuan, an increase of 13.59%, net profit not attributable to mother of 11.713 billion yuan, an increase of 13.1 billion yuan
China Power Construction (601669): Steady increase in revenue, high orders for energy, electricity and water resources
Event: The company released its 2024 quarterly report. 2024Q1 achieved operating income of 140.15 billion yuan, +5.2% year-on-year, net profit to mother of 3.04 billion yuan, +0.8% year-on-year, net profit of 30 yuan
China Power Construction (601669): Steady operation in the first quarter, new orders for energy and electricity continued to increase.
Steady operation in the first quarter. Maintaining a “buy” rating, the company released its 2024 quarterly report. The 24Q1 company achieved revenue of 140,332 billion yuan, +5.14% year-on-year, and net profit of 3,045 billion yuan, compared to the previous year
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