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China Resources and Environment's performance forecast for the first half of 2024.
China Resources and Environment (600217.SH): net income in the first half of the year is expected to increase by 1036% to 1285%.
China Resources and Environment (600217.SH) announced on July 9th that the company is expected to achieve a net income of 0.137 billion yuan to 0.167 billion yuan attributable to the owners of the parent company in the first half of 2024, which is an increase of 124.94 million yuan to 154.94 million yuan, or an increase of 1,036% to 1,285% year-on-year (hereinafter referred to as YoY). The company is also expected to achieve a net income of 0.13 billion yuan to 0.16 billion yuan attributable to the owners of the parent company after deducting non-recurring gains and losses in the first half of 2024, an increase of 121.21 million yuan to 151.21 million yuan YoY, or an increase of 1,379% to 1,723%.
China Resources and Environment (600217.SH) has received a government subsidy of 12.32 million yuan.
China Resources and Environment (600217.SH) announced that its wholly-owned subsidiary received a total of 12,322,133.21 yuan in various government subsidies in June 2024 according to national and local government department documents, which are all government subsidies related to revenue, accounting for 18.62% of the net income attributable to shareholders of the listed company in 2023 as audited.
China Resources and Environment (600217.SH): Government acquires assets of subsidiary's old plant area.
China Resources and Environment (600217.SH) announced that its wholly-owned subsidiary, Shandong China Green Resources Recycling Co., Ltd.'s property assets located in the old factory area of Shandong will be requisitioned by the local government. Shandong will receive a compensation of 74,835,138 yuan, and it is expected to increase the company's profit and loss by about 50 million yuan. The specific accounting treatment, amount and income attribution period shall be subject to the results of work progress and the confirmation of the auditor.
China Resources and Environment (600217.SH) received government subsidies of 14.35 million yuan.
China Resources and Environment (600217.SH) announced on June 4th that its wholly-owned subsidiary and its branches received various government subsidies totaling RMB 14,354,749.94 in May 2024 according to national and local government documents. All subsidies are related to revenue and account for 21.69% of the net income attributed to shareholders of the listed company in 2023, as audited.
China Asset Management (600217.SH): No decommissioned power battery business
Gelonghui, May 8, 丨 China Refinance (600217.SH) said on the investor interactive platform that currently the company is mainly engaged in the recycling of waste electrical and electronic products and integrated waste disposal business in industrial industrial parks, and is not engaged in decommissioned power battery business.
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