2024 Annual Results Pre-Reduction Announcement

SZSIJan 17 11:00 ET · Announcements

Shanghai Material Trading (600822.SH): The profit is expected to decrease by 55.72% to 67.86% for 2024.

Gelonghui, January 17th丨Shanghai Material Trading (600822.SH) announced the annual performance forecast for 2024, expecting the net income attributable to the owners of the parent company to be between 45 million yuan and 62 million yuan, a decrease of approximately 55.72% to 67.86% compared to the same period last year; the company expects the net income attributable to the owners of the parent company after deducting non-recurring gains and losses to be between -4 million yuan and 13 million yuan, a decrease of approximately 69.09% to 109.51% compared to the same period last year. The company's Car Service and trade business are affected by market competition and supply-demand changes.

Gelonghui FinanceJan 17 04:09 ET

Shanghai Material Trading (600822.SH): The occupancy rate of the Material Trading Building is around 85%.

Gelonghui reported on January 14 that Shanghai Material Trading (600822.SH) stated on the investor interactive platform that the occupancy rate of the Material Trading Building is around 85%. The company is currently preparing for the renovation project of the auto industry park at 570 Zhen Da Road, Shanghai, and is actively engaging with leading brands in the Energy sector to expand and optimize the layout of Electric Vehicles outlets, with the introduction of relevant brands still remaining uncertain.

Gelonghui FinanceJan 14 02:34 ET

Shanghai Material Trading (SHSE:600822) Takes On Some Risk With Its Use Of Debt

Simply Wall StJan 7 01:58 ET

The Three-year Decline in Earnings for Shanghai Material Trading SHSE:600822) Isn't Encouraging, but Shareholders Are Still up 27% Over That Period

Simply Wall StDec 10, 2024 23:20 ET

Shanghai material trading (600822.SH): The company's fundamentals have not changed significantly.

Grain Surging announced on November 18 that Shanghai Material Trading (600822.SH) disclosed that the company's A-share stocks have increased by 36.08% since November 12, 2024, while the SSE Composite Index has dropped by 2.87% during the same period. The company's stock price has a short-term increase higher than the SSE Composite Index, indicating the risk of market sentiment overheating. From November 12, 2024, to November 18, 2024, the company's stock has been in a trading halt for 3 consecutive trading days, but there has been no significant change in the company's fundamentals. On November 18, 2024, the company's A-share stock had an amplitude of 19.98% and a turnover ratio of 2.

Gelonghui FinanceNov 18, 2024 04:19 ET