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As Shandong Xinchao Energy (SHSE:600777) Rallies 3.3% This Past Week, Investors May Now Be Noticing the Company's One-year Earnings Growth
Shandong Xinchao Energy Corporation Limited (SHSE:600777) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Third Quarter Report 2024
Special treat Xin Chao (600777.SH): the net income for the first three quarters was 1.65 billion yuan, a year-on-year decrease of 11.84%.
格隆汇October 25th news | ST Xinchao (600777.SH) released the third quarter report, with revenue for the first three quarters of 6.43 billion yuan, a year-on-year decrease of 0.82%, net income of 1.65 billion yuan, a year-on-year decrease of 11.84%, non-GAAP net income of 1.824 billion yuan, a year-on-year decrease of 2.32%, and basic earnings per share of 0.2429 yuan.
Returns Are Gaining Momentum At Shandong Xinchao Energy (SHSE:600777)
ST Shinxin (600777.SH): The US subsidiary has completed debt restructuring, which is expected to save the company approximately $25 million in financial costs annually.
Geelonghui September 12th| ST Xinchao (600777.SH) announced that on August 15, 2024 (Central Time USA), the company's US subsidiary, MossCreekResourcesHoldings, Inc., successfully privately issued a total of $0.75 billion USD in the US market, with a term of 7 years and a fixed annual interest rate of 8.25% high yield bond. For specific details, please refer to the company's disclosure on August 17, 2024 regarding the private issuance of high yield bonds by the US subsidiary MossCreekResourcesHoldings, Inc.
The Return Trends At Shandong Xinchao Energy (SHSE:600777) Look Promising
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