China CSSC's H1 Profit Soars 164%, Revenue Rises 26%
MT Newswires Live
Aug 31
China CSSC Holdings' (SHA:600150) net profit attributable to shareholders in the first half soared 164% to 9.95 billion yuan from 3.78 billion yuan a year earlier, according to a Shanghai bourse filing on Monday.
Earnings per share surged 108% year on year to 1.323 yuan from 0.637 yuan.
Operating revenue rose 26% to 91.5 billion yuan from 72.6 billion yuan in the previous year.
The shipbuilder proposed distributing a dividend of 4.65 yuan per 10 shares to shareholders.
The company's shares fell 2% during the morning trade.
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.