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SHA:600685

3 stories mentioning SHA:600685Updated 26d ago

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Asia

CSSC Offshore & Marine Engineering Expects Up to 69% Rise in H1 Profit

CSSC Offshore & Marine Engineering (SHA:600685) forecasts its attributable profit to rise 50% to 69% to between 790 million yuan and 890 million yuan in the first half from 526.4 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.The marine and defense equipment manufacturer credited improved joint venture results and streamlined order backlogs, among other things, for the increase.

SHA:600685
Asia

CSSC Offshore & Marine Engineering Forecasts Up to 69% Surge in H1 Profit

CSSC Offshore & Marine Engineering (HKG:0317, SHA:600685) expects an attributable profit of between 790 million yuan and 890 million yuan for the first half of 2026, up 50% to 69% from 526.4 million yuan a year prior.The marine and defense equipment manufacturer attributed the forecast to a rise in product gross profit amid production and operational efficiency, as well as higher recognized investment income.

HKG:0317SHA:600685
Asia

CSSC Offshore & Marine Forecasts Up to 133% Profit Surge in Q1; Hong Kong Shares Up 6%

CSSC Offshore & Marine Engineering (HKG:0317, SHA:600685) expects first-quarter net attributable profit of 360 million yuan to 430 million yuan, representing a year-on-year increase of 95% to 133%, according to a Monday Hong Kong bourse filing.The Hong Kong-listed shares of the marine and defense equipment manufacturer were up nearly 6% in Tuesday morning trade.The company said the increase was driven by stronger order intake in the shipbuilding segment, improved product mix, and higher investment income from associated enterprises.

HKG:0317SHA:600685

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