China CSSC Forecasts Up to 35 Rise in 2024 Profit

MT Newswires Live2025-01-27

China CSSC Holdings (SHA:600150) projected an up to 35% rise in 2024 profit as it delivered more civilian ships at higher prices.

The shipbuilder's attributable net profit is expected to range between 3.3 billion yuan and 4 billion yuan in 2024, compared with 2.96 billion yuan the previous year, according to a Jan. 25 filing with the Shanghai bourse.

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