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Beijing Jingcheng Machinery Electric Co Ltd Forecasts 2024 Financial Turnaround
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Beijing Jingcheng Machinery Electric Co Ltd Forecasts 2024 Financial Turnaround

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An update from Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) is now available.

Beijing Jingcheng Machinery Electric Co Ltd has announced a financial turnaround for its 2024 annual results, forecasting a net profit of approximately RMB6.30 million to RMB7.50 million, compared to a net loss in the previous year. Despite recording a net profit turnaround, the company still anticipates a loss after deducting non-recurring items, albeit a significantly reduced one compared to the last year.

More about Beijing Jingcheng Machinery Electric Co Ltd Class H

Beijing Jingcheng Machinery Electric Company Limited is a joint stock company incorporated in China, focusing on machinery and electric products.

YTD Price Performance: -7.57%

Average Trading Volume: 7,542,661

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$4.98B

See more insights into 0187 stock on TipRanks’ Stock Analysis page.

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