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China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Profits Appear To Have Quality Issues
China Merchants Highway: Report for the third quarter of 2024
China Merchants Expressway Network Technology Holdings (001965.SZ) released its performance for the first three quarters, with a net income of 4.16 billion yuan, a year-on-year decrease of 4.63%.
China Merchants Expressway Network Technology Holdings (001965.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
China merchants expressway network technology holdings (001965.SZ) achieved a revenue of 9.077 billion yuan in the first three quarters, a year-on-year growth of 38.04%.
GeLongHui October 30th | China Merchants Expressway Network Technology Holdings (001965.SZ) released its third quarter report, with the company achieving revenue of 9.077 billion yuan in the first three quarters, a year-on-year increase of 38.04%; net income of 4.16 billion yuan, a year-on-year decrease of 4.63%. In the third quarter alone, revenue reached 3.093 billion yuan, a year-on-year increase of 34.90%; net income was 1.452 billion yuan, a year-on-year decrease of 6.43%.
Express News | China Merchants Expressway Network Technology Q3 Net Profit Down 6.4% Y/Y
China Merchants Expressway Network Technology Holdings (001965.SZ): signed a "Cooperation Agreement", received a "Loan Commitment Letter", and obtained financing support for repurchasing company shares.
On October 24, Gelonhui announced that on October 23, 2024, China Merchants Expressway Network Technology Holdings (001965.SZ) signed a "Cooperation Agreement" with CM Bank Beijing Branch (referred to as "Zhao Bank Beijing Branch" or "Party A") and received a "Loan Commitment Letter" from CM Bank Beijing Branch. The CM Bank Beijing Branch plans to provide a loan amount not exceeding RMB 432.6 million for the company's share buyback project, with a loan term of 12 months, and a loan interest rate not exceeding 2.25% and not exceeding the market rate in principle.
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