
A-share subscription | Guangdong Academy of Building Research has started subscription, the company undertook the inspection and testing technical service work for projects such as the Shenzhen Stock Exchange Operation Center

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Guangdong Academy of Building Research started its subscription on August 1, with an issue price of 6.56 yuan per share and a subscription limit of 14,500 shares, with a price-to-earnings ratio of 26.48 times. The company mainly provides inspection and testing technology services in the construction engineering field and undertakes multiple large projects. The operating revenues for the years 2022-2024 are projected to be 1.072 billion yuan, 1.154 billion yuan, and 1.197 billion yuan, with net profits of 101 million yuan, 98.1527 million yuan, and 105 million yuan, respectively. The company warns of the risk of declining return on net assets
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