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CSSC Shipping reports profit, with a 21% to 23% year-on-year increase in equity holding profits in the first half of the year.
CSSC Shipping (03877) announced that it is expected to see a 21% to 23% increase in equity holders' share of period profit for the first half of 2024 (unaudited) compared to the same period in 2023. The expected increase is mainly attributed to the significant increase in the group's financing leasing business and the expansion of the shipping comprehensive services business and good market performance in 2024.
CSSC Shipping (03877) announces profit, with expected 21% to 23% year-on-year growth in equity holders' share of surplus in the first half of the year.
CSSC Shipping (03877) announced that the group is expected to hold equity rights for the period ending in the first half of 2024, with anticipated excess profits ...
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Zheshang Securities: The shipbuilding sector is entering a long upcycle and gradually entering the profit release stage.
As high-quality and high-priced new ship orders enter the concentrated delivery period, the rapid release of performance in the next 2-3 years will provide strong support for the sector. At the same time, the rapid increase of China's shipbuilding industry's share is expected to further enhance the elasticity of the leading performance during the upward period.
China CSSC announced its half-yearly performance for 2024 will increase.
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