Could The Market Be Wrong About CCCC Design & Consulting Group Co., Ltd. (SHSE:600720) Given Its Attractive Financial Prospects?

Simply Wall St19:22 ET

Performance forecast for the first half of 2024 for China Communications Design and Consulting Group Co., Ltd.

Sensex a shareJul 8 12:00 ET · Announcements

China Communications Design (600720.SH): net income in the first half of the year is expected to increase by 160.66%-169.07% year-on-year.

On July 8th, Gezonghui reported that China Communications Design (600720.SH) announced its performance forecast for the first half of 2024. The company expects net income attributable to shareholders of the listed company to be between 0.62 billion yuan and 0.64 billion yuan, an increase of 160.66% to 169.07% YoY. The company also expects net income attributable to shareholders of the listed company after deducting non-recurring gains and losses to be between 0.61 billion yuan and 0.63 billion yuan, an increase of 154.32% to 162.66% YoY.

Gelonghui FinanceJul 8 06:10 ET

CCCCC (600720.SH): Its subsidiary participated in the Anjiang Expressway asset-backed special plan for asset holding.

On July 5th, GeLongHui reported that China Communications Design released a statement stating that the company's wholly-owned subsidiary, The Second Public Engineers and affiliate, China Communications Asset Management and The Second Public Bureau , initiated the establishment of the Anjiang Expressway asset support special plan, and subscribed for shares in the plan, with the transaction involving about 53 million yuan.

Gelonghui FinanceJul 5 06:00 ET

China Communications Construction's subsidiary, China Communications Planning and Design Institute (600720.SH), intends to participate in the asset securitization business conducted by its controlling shareholder, China Communications Construction, with a

On July 5th, GeLong Hui reported that China Communications Construction's controlling shareholder, China Communications Construction, plans to participate in assets securitization business with the company, with a participating scale not exceeding 1 billion yuan and an estimated amount of related party transactions not exceeding 0.2 billion yuan.

Gelonghui FinanceJul 5 06:00 ET

CCCC First Highway Consultants Co Ltd (600720.SH): Currently, there is no relevant research or application being conducted on space scenarios.

On July 3, GeLongHui reported that China Communications Design (600720.SH) stated on its interactive platform that its wholly-owned subsidiary, One Institute, established the first engineering structure 3D printing laboratory based on industrial robots in China's transportation system in 2017. The related technology has been demonstrated and applied in many fields such as construction, bridges, municipal facilities, water conservancy, urban landscape facilities, park development, and integrated transportation and tourism. Currently, there is no research or application related to space scenarios.

Gelonghui FinanceJul 3 03:35 ET