Jiangsu Guotai International Group: Corrections to the 2024 First Quarter Report
Jiangsu Guotai International Group: First Quarter Report 2024 (after correction)
ST Shanghai Science and Technology Report for the First Quarter of 2024 (Revised Edition)
Real estate disposal falls short of expectations. Can Oriental Group “save the game” after three consecutive years of heavy losses and potassium extraction from seawater?
① Affected by real estate disposal falling short of expectations, Oriental Group expects a sharp loss of 1 billion to 1.5 billion yuan in 2023 ② Although real estate is dragging down performance, the company's modern agriculture and health food industry achieved certain results. The company's modern agriculture and health food industry achieved loss reduction during the reporting period ③ The new profit point seawater potash project sought by the company is expected to be completed in 2024, and it remains to be seen whether it can “save the situation”
Oriental Group's performance continues to be sluggish, and can seawater potassium extraction “refine” a new future? |Direct access to the performance meeting
① From 2020 to 2022, Oriental Group's net profit was 240 million yuan, -1,719 million yuan, and -996 million yuan respectively. Performance declined continuously, with a net loss of 103 million yuan in the first three quarters of this year; ② The performance growth points developed by the company, the Haishui Potassium Enhancement Project and the acquisition of United Energy shares are still in progress, and implementation is still to be realized.
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Are there better investment opportunities for Hong Kong stocks under the catalysis of real estate policies?