CSSC Offshore & Marine Forecasts Up to 133% Profit Surge in Q1; Hong Kong Shares Up 6%

MT Newswires Live

Apr 14

CSSC Offshore & Marine Engineering (HKG:0317, SHA:600685) expects first-quarter net attributable profit of 360 million yuan to 430 million yuan, representing a year-on-year increase of 95% to 133%, according to a Monday Hong Kong bourse filing.

The Hong Kong-listed shares of the marine and defense equipment manufacturer were up nearly 6% in Tuesday morning trade.

The company said the increase was driven by stronger order intake in the shipbuilding segment, improved product mix, and higher investment income from associated enterprises.

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Marine Engineering (HKG:0317, SHA:600685) expects first-quarter net attributable profit of 360 million yuan to 430 million yuan, representing a year-on-year increase of 95% to 133%, according to a Monday Hong Kong bourse filing.</p><p>The Hong Kong-listed shares of the marine and defense equipment manufacturer were up nearly 6% in Tuesday morning trade.</p><p>The company said the increase was driven by stronger order intake in the shipbuilding segment, improved product mix, and higher investment income from associated enterprises.</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":"2627956324","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627956324","pubTimestamp":1776135031,"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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