CMOC Group's Q3 Profit Up by 64%; Shares Fall 3%

MT Newswires Live2024-10-29

CMOC Group (HKG:3993) reported a net profit attributable to the shareholders of 2.86 billion yuan for the quarter ended Sept. 30, an increase of 64.12% compared to the prior-year period, according to a quarterly report filed on Monday with the Hong Kong Stock Exchange.

Earnings per share for the company were 0.14 yuan, compared with a 75% increase from the year-ago period.

The company's operating revenue was 51.9 billion yuan, a 15.53% increase compared to the previous year period.

The company's shares were down 3% in the recent trading.

Price (HKD): $6.57, Change: $-0.20, Percent Change: -2.95%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment