China Energy Construction (03996) rose nearly 7% at the end of the session. As of press release, it rose 5.75% to HK$0.92, with a turnover of HK$72.6499 million.
The Zhitong Finance App learned that China Energy Construction (03996) rose nearly 7% at the end of the session. As of press release, it had risen 5.75% to HK$0.92, with a turnover of HK$72.6499 million.
According to the news, China Energy Construction previously announced its results. The company achieved revenue of 97.404 billion yuan in the first quarter, up 10.04% year on year; net profit to mother was 1,481 billion yuan, up 31.71% year on year. Among them, new energy and integrated smart energy achieved operating revenue of 29.61 billion yuan, an increase of 34.5% over the previous year, accounting for 30.4% of the company's total revenue.
Tianfeng Securities pointed out that the company's new energy business orders continue to rise, and they are optimistic about the company's new energy transformation; Guolian Securities pointed out that the company's “14th Five-Year Plan” target is to double the target by 2025 and create a new energy building with high quality development. The prospects for “three new” energy construction centered on new energy, new infrastructure, and new industries are worth looking forward to.