
CMOC GROUP 1Q Net Profit RMB7.76B, Up 96.7% YoY

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CMOC GROUPreported a 96.7% year-on-year increase in net profit for Q1, reaching RMB7.76 billion. Revenue also rose by 44.3% to RMB66.403 billion, driven by higher product prices and improved operational management. The earnings per share (EPS) stood at RMB0.36. Short selling activity was noted at $177.15 million, with a ratio of 28.165%.
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