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More Unpleasant Surprises Could Be In Store For Zhongshen Jianye Holding Limited's (HKG:2503) Shares After Tumbling 29%
ZHONGSHENJIANYE: ANNUAL REPORT 2024
ZHONGSHENJIANYE: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Zhongshen Jianye's Profit to Plunge in 2024
China Shenjian (02503.HK) will hold a Board of Directors meeting on March 27 to approve the annual performance.
Gelonghui, March 17th丨China Shenjianye (02503.HK) announced that the Board of Directors will hold a meeting on March 27, 2025, to approve the annual performance announcement for the year ending December 31, 2024, and to consider the proposal for the final dividend distribution (if any).
China State Construction International Holdings Limited (02503.HK) expects a profit of no less than approximately 1 million yuan for the fiscal year 2024.
On March 17, Glonghui announced that Zhongshen Jianye (02503.HK) expects the profit attributable to the owners of the company to decrease from approximately RMB 31,814,000 for the year ending December 31, 2023, to no less than approximately RMB 1,000,000 for the year 2024. The significant decrease in expected profit for 2024 is mainly due to a substantial reduction in the number of Construction projects compared to 2023, resulting in decreased revenue.
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