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Trending Industry Today: CNOOC Leads Losses In Chinese SOEs Stocks
Announcement Highlights | "Flash" placement! NIO plans to issue no more than 0.119 billion shares; Semiconductor Manufacturing International Corporation's revenue is expected to grow nearly 28% year-on-year in 2024.
CNOOC's net profit in 2024 exceeds 130 billion yuan; New China Life Insurance's annual profit increased approximately twofold year-on-year.
MINMETALS LAND (00230.HK): The shareholder's loss for the year 2024 is expected to be 3.521 billion Hong Kong dollars.
On March 27, Glonghui reported that MINMETALS LAND (00230.HK) announced that for the year ending December 31, 2024, it achieved revenue of 9.883 billion Hong Kong dollars, a decrease of 21.8% year-on-year; gross profit was 0.605 billion Hong Kong dollars, down 72.1% year-on-year; the company reported a net loss attributable to equity holders of 3.521 billion Hong Kong dollars, compared to a loss of 1.016 billion Hong Kong dollars in the same period last year; basic loss per share was 105.19 Hong Kong cents. The announcement stated that due to the decrease in the scale of transferred real estate projects during the year, the group’s Real Estate development business revenue declined by 20.1% year-on-year to 9.832 billion Hong Kong dollars.
Express News | Minmetals Land FY Net Income HKD -3,748 Million
ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
Express News | Minmetals Land - Expected Result Due to Changes in Provisions for Impairment Loss Relating to Real Estate Development Projects in FY, Others