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State Grid Information & Communication's 2023 Profit Jumps 3%
State Grid Information & Communication's (SHA:600131) attributable profit rose 3.4% to 829.2 million yuan in 2023 from 800.8 million yuan in 2022, according to the company's annual report filed Friday
MT Newswires23:06 ET
State Grid Communications (600131.SH) announced its 2023 annual results, with net profit of 828 million yuan, an increase of 3.43% over the previous year
According to the Zhitong Finance App, State Grid ICT (600131.SH) disclosed the 2023 annual report. The company achieved revenue of 7.673 billion yuan in 2023, up 0.76% year on year; net profit to mother of 828 million yuan, up 3.43% year on year; after deducting non-net profit of 786 million yuan, up 1.36% year on year; and basic earnings per share of 0.69 yuan. The company plans to pay a cash dividend of 2.07 yuan (tax included) for every 10 shares.
Zhitong FinanceApr 25 06:16 ET
China Galaxy Securities: High performance of high-quality power grid companies catalyzes a sharp rise in the sector
China Galaxy Securities said that domestic power grid investment is expected to maintain moderate growth throughout the year, and UHV and power grid digital intelligence are expected to welcome a high increase in structured investment. Investment in overseas power grids is expected to accelerate, and the overseas market for intelligent distribution of electricity is broad.
Zhitong FinanceApr 12 03:02 ET
State Grid Communications (600131.SH): Does not manufacture and provide liquid-cooled server products
Gelonghui, March 15 | State Grid Communications (600131.SH) said on an interactive platform that the company currently does not produce and provide liquid-cooled server products. Please refer to the announcement disclosed by the company on the Shanghai Stock Exchange website for details of the company's business.
Gelonghui FinanceMar 15 04:53 ET
State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Shares Bounce 28% But Its Business Still Trails The Market
State Grid Information & Communication Co., Ltd. (SHSE:600131) shareholders would be excited to see that the share price has had a great month, posting a 28% gain and recovering from prior weakness.
Simply Wall StMar 3 19:48 ET
State Grid Information & Communication's (SHSE:600131) Returns Have Hit A Wall
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an e
Simply Wall StMar 1 20:46 ET
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