CSSC Offshore & Marine Engineering's H1 Profit Rises 59%

MT Newswires Live

08/26

CSSC Offshore & Marine Engineering (HKG:0317, SHA:600685) reported an attributable net profit of 836.6 million yuan for the first half, up 59% from 526.4 million yuan a year earlier.

Earnings per share stood at 0.5919 yuan, compared with 0.3724 yuan in the year-ago period, according to a Tuesday filing with the Hong Kong Exchange.

Operating revenue increased 9.3% year over year to 11.1 billion yuan from 10.2 billion yuan.

The company intends to distribute a cash dividend of 1 yuan for every 10 shares.

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