In "Earnings Surprise," COMEC forecasts a net profit increase of 95%-133% for the first quarter

COMEC (00317.HK) issued a profit warning, expecting a net profit attributable to the owners of the parent company in the first quarter to be between RMB 360 million and RMB 430 million, an increase of 95.2%-133.1% compared to the same period last year. This is mainly due to the company's grasp of development opportunities in the shipbuilding industry, with a good order intake situation; the construction cycle of main ship types has been further reduced, driving steady growth in operating revenue, and product gross profit has increased year-on-year; as well as a significant improvement in joint venture operating performance, confirming a substantial increase in investment income