China Aluminum International Engineering Corporation (02068) rose more than 17% intraday, up 10.95% as of the time of publication, at HKD 2.23, with a turnover of 0.108 billion Hong Kong dollars.
According to the Securities Times app, China Aluminum International Engineering Corporation (02068) rose more than 17% intraday, up 10.95% as of the time of publication, at HKD 2.23, with a turnover of 0.108 billion Hong Kong dollars.
On the news front, China Aluminum International Engineering Corporation announced its performance for the first three quarters ending in September, achieving revenue of 16.142 billion RMB during the period, a year-on-year increase of 7.3%; net profit attributable to shareholders was 0.251 billion RMB, turning from a loss of 0.765 billion RMB in the same period last year after adjustment, achieving a turnaround. In addition, China Aluminum International Engineering Corporation announced that the total contract value signed in the first three quarters of 2024 was 17.637 billion RMB.
The announcement shows that the revenue in the third quarter was approximately 5.432 billion RMB, a year-on-year increase of 0.27%; net profit attributable to shareholders was 95.229 million RMB, a year-on-year increase of 46.95%. The increase in net profit is mainly due to the improvement in revenue from engineering design and equipment manufacturing business lines, improvement in the structure of engineering construction business, a significant increase in the proportion of revenue from overseas industrial projects, further driving the optimization of the company's business structure and development.