CSSC Offshore & Marine Engineering's Q1 Profit to Balloon Up to 1,200%

MT Newswires Live

04/09

CSSC Offshore & Marine Engineering (Group) (HKG:0317, SHA:600685) expects an attributable profit of between 170 million yuan and 200 million yuan for the first quarter of 2025, up 1,006% to 1,201% from a year prior, a Tuesday filing with the Hong Kong bourse said.

The Chinese shipbuilding company attributed the higher anticipated profit mainly to a steady improvement in revenue and production efficiency of ship products, as well as a year-over-year improvement in the gross profit of products.

Hong Kong-listed shares of the firm were up over 16% in recent trade.

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Marine Engineering (Group) (HKG:0317, SHA:600685) expects an attributable profit of between 170 million yuan and 200 million yuan for the first quarter of 2025, up 1,006% to 1,201% from a year prior, a Tuesday filing with the Hong Kong bourse said.</p><p>The Chinese shipbuilding company attributed the higher anticipated profit mainly to a steady improvement in revenue and production efficiency of ship products, as well as a year-over-year improvement in the gross profit of products.</p><p>Hong Kong-listed shares of the firm were up over 16% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0279","symbol_name":"运输设备","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2526386511","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526386511","pubTimestamp":1744179642,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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