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Capital Allocation Trends At NORINCO International Cooperation (SZSE:000065) Aren't Ideal
Northern International: Report for the first quarter of 2025
Northern International: Announcement on the operation of the engineering business for the first quarter of 2025
Norinco International Cooperation (000065.SZ): In the first quarter, net income was 0.177 billion yuan, a year-on-year decrease of 32.97%.
Gelonghui April 27丨Norinco International Cooperation (000065.SZ) announced the Q1 2025 report, with revenue of 3.6496 billion yuan, a year-on-year decrease of 27.22%; net income attributable to shareholders of the listed company was 0.177 billion yuan, a year-on-year decrease of 32.97%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.175 billion yuan, a year-on-year decrease of 32.45%; EPS was 0.1707 yuan.
NORINCO International Cooperation's (SZSE:000065) Five-year Earnings Growth Trails the Decent Shareholder Returns
Norinco International Cooperation (000065.SZ): The company's holding subsidiary has a small portion of products exported to the United States.
On April 14th, Gelonghui reported that Norinco International Cooperation (000065.SZ) stated on the investor interaction platform that the company's core business in international engineering mainly operates in countries and regions along the Belt and Road Initiative Concept, and is not affected by the tariffs imposed by the USA. A small portion of products from the company's holding subsidiaries are exported to the USA, with the export business accounting for no more than 1% of Norinco International's revenue and profit. Therefore, the direct impact of the current round of tariff increases on the company is very limited. The company will continue to monitor international economic conditions and changes in tariff policies, making timely adjustments to the company's Operation strategy to ensure stable development of the Business.
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