China Comm Cons announced its unaudited 2024 interim financial report as of June 30, 2024. The report shows that the revenue of the company is 356 billion RMB, a decrease of 2.6% compared to the same period last year. However, the gross profit is 415.96 billion RMB, a year-on-year increase of 4.2%, with an operating profit of 205.27 billion RMB, a year-on-year increase of 4.0%. The profit attributable to shareholders is 120.22 billion RMB, a decrease of 3.1%, with a basic EPS of 0.70 RMB, a decrease of 4.1%. The total assets of the company reached 1.86485 trillion RMB, an increase of 10.7% from the previous year, with total liabilities of 1.39515 trillion RMB, an increase of 13.9%, shareholder equity of 469.699 billion RMB, an increase of 2.3%, and equity attributable to shareholders of 309.065 billion...Show More

China Comm Cons announced its unaudited 2024 interim financial report as of June 30, 2024. The report shows that the revenue of the company is 356 billion RMB, a decrease of 2.6% compared to the same period last year. However, the gross profit is 415.96 billion RMB, a year-on-year increase of 4.2%, with an operating profit of 205.27 billion RMB, a year-on-year increase of 4.0%. The profit attributable to shareholders is 120.22 billion RMB, a decrease of 3.1%, with a basic EPS of 0.70 RMB, a decrease of 4.1%. The total assets of the company reached 1.86485 trillion RMB, an increase of 10.7% from the previous year, with total liabilities of 1.39515 trillion RMB, an increase of 13.9%, shareholder equity of 469.699 billion RMB, an increase of 2.3%, and equity attributable to shareholders of 309.065 billion RMB, an increase of 2.4%. The newly signed contract amount is 960.867 billion RMB, an increase of 8.4%, and the unfinished contract amount as of June 30, 2024 is 3.536243 trillion RMB. In addition, the company proposed a mid-term dividend plan of 1.4005 RMB per 10 shares (including tax). As a leading infrastructure enterprise in China, the company has global influence in construction, design, and dredging business, operating in 139 countries and regions. The chairman of the company stated that by implementing a high-quality development strategy, the company has maintained a positive development trend and shared development achievements with investors. The company's business strategy focuses on "major transportation" and "major cities," enhancing core functions in national strategies, promoting high-quality development, and strengthening the party's leadership in business operations.