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Jiangxi Guotai Group (603977): Stable performance in Q1 2025, supported by energy materials for future development.
Report introduction: The company's main business in civil explosives is stable, with growth achieved in explosives and blasting engineering in Q1 2025. New projects in energetic materials support future development, and production is expected to be completed in the second half of 2025. Investment highlights: Maintain "Shareholding" rating. The company's main business in civil explosives.
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Jiangxi Guotai Group (603977): The civil explosives business demonstrates resilience, with Net income growth excluding non-recurring items.
Event: The company released its Q1 2025 report, achieving an income of 0.483 billion yuan, a year-on-year decrease of 1.26%. The net income attributable to the parent company was 43.0839 million yuan, a year-on-year decrease of 8.23%. The net income attributable to the parent company after deducting non-recurring items was 3965.63.
Cathay Pacific Group: Jiangxi Cathay Pacific Group Co., Ltd. Report for the first quarter of 2025
Jiangxi Cathay Pacific Group Co., Ltd. Report for the first quarter of 2025
Announcement of the main operating data of Jiangxi Cathay Pacific Group Co., Ltd. for the first quarter of 2025