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First Tractor Unit to Provide Tractor Equipment, Training to China CAMC Engineering
First Tractor (00038.HK) and its subsidiary CAMC Engineering Subsidiary in Africa have entered into a procurement contract with China CAMC Engineering.
Gelonghui, November 12 - First tractor (00038.HK) announced that on November 12, 2024, its subsidiary China Africa Heavy Industry signed a procurement contract with China camc engineering, under which China camc engineering will purchase equipment and related technical documents and training services from China Africa Heavy Industry, at a cost of 22,157,702 yuan.
Express News | First Tractor Co Ltd - China Camc Engineering to Procure Tractor Equipment, Others From Unit for RMB22.2 Mln
china camc engineering (002051.SZ): The company currently has no ongoing projects in Ukraine.
Gelonghui November 11th | China CAMC Engineering (002051.SZ) stated on the interactive platform that the company closely monitors the developments in the Russia-Ukraine situation, and will follow closely the country's belt and road initiative concept, increase market development efforts, and seek relevant business opportunities in the future. The company currently has no ongoing projects in Ukraine. For detailed information on the company's international business, please refer to the company's regular reports and performance briefing documents.
Earnings Working Against China CAMC Engineering Co., Ltd.'s (SZSE:002051) Share Price
China CAMC Engineering (002051.SZ): The net income in the first three quarters was 0.323 billion yuan, a decrease of 7.32% year-on-year.
On October 30th, China CAMC Engineering (002051.SZ) released the third quarter report of 2024. In the first three quarters of 2024, the company achieved revenue of 8.61 billion yuan, a year-on-year growth of 0.37%; net income attributable to shareholders of the listed company was 0.323 billion yuan, a year-on-year decrease of 7.32%; net income after deducting non-recurring gains and losses was 0.234 billion yuan, a year-on-year decrease of 49.41%; basic earnings per share were 0.26 yuan per share.
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