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China Heavy Industry: the net profit in 2020 is expected to2021-02-04 14:26
China Heavy Industry: the net profit in 2020 is expected to be - 450 million yuan to - 530 million yuan
China heavy industry (SH 601989, closing price: 4.08 yuan) released a performance forecast on the evening of January 29. The company expects to realize a loss in the net profit attributable to shareholders of Listed Companies in 2020 compared with the same period of last year, with the net profit attributable to shareholders of listed companies ranging from - 450 million yuan to - 535 million yuan. The main reason for the change is that during the reporting period, the global economy is affected by COVID-19's continuous recession, and the maritime trade has seen a rare negative growth. The shipbuilding industry is facing hitherto unknown challenges. The new shipbuilding market is in a downturn, and the problems of starting up, difficult to ship, difficult to accept, difficult to make profits are more prominent than before. While the price of new ships continued to bottom, the price of main raw materials marine steel plate increased significantly, and the labor cost, logistics and supply chain cost also increased significantly due to the epidemic. Some subsidiaries of the company are located in Wuhan, Hubei Province, Yichang, Liaoning Province, Dalian, etc. affected by the epidemic, the product construction cycle extended, significantly increasing the product manufacturing cost.
According to the 2020 semi annual report, the main business of China heavy industry is industry, accounting for 98.56% of the revenue.
Mr. Wang Liang, 59 years old, is the chairman of China National Heavy Industry Corporation. He has no right of abode in foreign countries. He has a bachelor's degree, a bachelor's degree and a senior engineer of researcher level.
Daoda's "trend of individual stocks" reminds: 1. In the past 30 days, China heavy industry's northward capital holdings decreased by 28.0705 million shares, accounting for 0.15% of the circulating shares; 2. There is no institution to conduct research on China heavy industry in the past 30 days. For more key information, please search "daoda".