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State Grid Information & Communication's Q3 Profit Falls 29%
State Grid Information and Communication Co., Ltd. Report for the Third Quarter of 2024
State Grid Information & Communication Co., Ltd. (SHSE:600131) Could Be Riskier Than It Looks
State Grid Information and Communication Co., Ltd. Results Announcement for the Third Quarter of 2024
State Grid Information & Telecommunication (600131.SH): The net income in the first three quarters was 0.298 billion yuan, a year-on-year decrease of 12.95%.
On October 11, State Grid Information & Telecommunication (600131.SH) released its performance report. From January to September 2024, the company achieved total operating revenue of 3.747 billion yuan, a decrease of 4.88% compared to the same period last year, mainly due to the decrease in operating income and an increase in research and development expenses. The net income attributable to the shareholders of the listed company was 298.1108 million yuan, a decrease of 12.95% compared to the same period last year, mainly due to the previous year's victory in the Guanglin case resulting in asset-for-debt receipts and other non-operating income. The net income attributable to the shareholders of the listed company, excluding non-recurring gains and losses, was 293.2578 million yuan.
State Grid Information & Communication's (SHSE:600131) Anemic Earnings Might Be Worse Than You Think