The net profit of Shanghai Construction Engineering in 2024 increased by 39.15% over the same period last year, with 10 dividends of 0.6 yuan.

2025-04-15 09:31:13

Shanghai Construction Engineering (600170) disclosed its 2024 annual report on the evening of April 14. In 2024, its operating income was 300.217 billion yuan, down 1.45% year-on-year; its net profit was 2.168 billion yuan, up 39.15% year-on-year; and its basic earnings per share was 0.18 yuan. The company intends to distribute a cash dividend of 0.6 yuan (including tax) to all shareholders for every 10 shares. During the reporting period, the company signed a total of 389 billion yuan of new contracts, of which the construction business group completed 324.9 billion yuan of new contracts, accounting for 84% of the total amount of new contracts, and the proportion of infrastructure business further increased.

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Correlation

2025-04-15 09:31:13

CEMPI

100.41

+0.83 +0.83%

CONCPI

86.65

-0.03 -0.03%

CLKPI

102.88

+1.32 +1.30%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

East China cement price index rose 5.00 points in a single day, Fujian, Zhejiang and Shanghai cement prices collectively pushed up 20 yuan/ton.

In the short term, the high cost of raw materials and fuels is still the main support for the upward price, and the better weather is also conducive to the moderate recovery of demand; however, this round is mostly the second round of pushing up within a month, and the actual transaction of the last round of small factories in Jiangsu is only 10-20 yuan/ton, and the increase of cooling and rainfall in the latter half of the year and the recovery of demand are still limited, so the landing range is likely to be discounted.