CMOC Group Limited(603993.SH) issued a profit warning, expecting a net profit of 12.8 to 14.2 billion yuan in 2024, an increase of 55.15% to 72.12% year-on-year.

CMOC Group Limited (603993.SH) announced its performance forecast for the year 2024. The company expects to achieve a net profit attributable to shareholders of the listed company of RMB 12.8 billion to 14.2 billion, a year-on-year increase of 55.15% to 72.12%. It is expected that the net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, will be RMB 12.4 billion to 13.8 billion, a year-on-year increase of 98.94% to 121.40%.