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China World Trade Center H1 Revenue Slides 3.9%, Net Profit Edges Up 0.17%

Published: Updated: By 24TopNews Editorial Desk

China World Trade Center Co. disclosed interim preliminary results, with first-half revenue falling to RMB 1.816 billion, down 3.9% year-on-year. Net profit attributable to shareholders reached RMB 633 million, up 0.17%, while basic earnings per share stood at RMB 0.63.

China World Trade Center Co. disclosed its half-year performance preliminary results on Aug. 21. For the first half of the year, the company achieved operating revenue of RMB 1.816 billion, down 3.9% from the same period last year. Net profit attributable to shareholders totaled RMB 633 million, an increase of 0.17% year-on-year. Basic earnings per share amounted to RMB 0.63.

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Why this event matters

The event has a measured impact on 1 industry. The strongest current signal is mixed for Commercial Property Development, with intensity 30/100 and 70% confidence over a short term horizon.

Construction & Real Estate · 7.2

Commercial Property Development

Direction
mixed
Intensity
30
Confidence
70%
Horizon
Short term
Effective impact 0

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.