Summary by Futu AI
A subsidiary of China Energy Construction Co., Ltd. (“China Energy Construction”), published its first quarter financial report for 2024. The report showed that Eipli's first quarter sales revenue reached approximately RMB17.76 billion, an increase of 4.46% year-on-year; net profit attributable to shareholders of listed companies was approximately RMB1.35 billion, an increase of 4.20%. However, basic earnings per share and diluted earnings per share fell 26.40%, mainly due to the company's increase in shares in May 2023, leading to an increase in share capital. In addition, the return on weighted average net assets decreased by 1.49%, total assets decreased slightly by 0.46%, and shareholder equity attributable to shareholders of listed companies rose by 2.15%. The quarterly report is unaudited and has been published on the Tidal News Network. China Energy Construction reminds shareholders and potential investors to exercise caution when buying and selling securities.