An update from CSSC Offshore & Marine Engineering (Group) Company Limited Class H ( (HK:0317) ) is now available.
CSSC Offshore & Marine Engineering announced that it secured new orders worth RMB12.502 billion in the first quarter of 2025, achieving 71.64% of its annual target. These orders, primarily for containerships and LNG bunkering vessels, are expected to positively impact the company’s cash flow and operating results, while not making the company overly reliant on specific customers. However, potential uncertainties such as regulatory changes and market conditions could affect order fulfillment.
More about CSSC Offshore & Marine Engineering (Group) Company Limited Class H
CSSC Offshore & Marine Engineering (Group) Company Limited is a company based in the People’s Republic of China, operating in the offshore and marine engineering industry. The company specializes in the construction of containerships, specialized vessels, and LNG bunkering vessels, focusing on providing these products to clients with good credit standing.
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.64B
Find detailed analytics on 0317 stock on TipRanks’ Stock Analysis page.