NORINCO International(SZ:000065)2025-04-22 10:20Financial Performance - The overall net profit of the civil engineering construction industry for 2024 is 148.9 billion yuan, a year-on-year decrease of approximately 1.81% [1] - The company achieved a net profit attributable to shareholders of 1.05 billion yuan in 2024, representing a year-on-year increase of 14.32% [1] - The company's operating costs decreased by 12.59% compared to the previous year, and the gross profit margin increased by 2.50% [2] - The net asset return rate for 2024 reached 11.71%, with earnings per share growing to 1.05 yuan [6] Market Outlook - The global construction industry is expected to grow by 2.8%, with developing countries continuing to see infrastructure development [2] - The company anticipates a complex international environment in 2025, with both opportunities and challenges arising from structural adjustments in the domestic economy [1] - The company plans to deepen its focus on key regions and clients to enhance market penetration and service capabilities [2] Strategic Initiatives - The company has implemented cost control measures that have significantly contributed to profit growth, focusing on supply chain optimization and project management [2] - It has engaged in 67 significant "Belt and Road" projects, including notable projects in Pakistan and Croatia, emphasizing local operations and ESG practices [2] - Future growth will be driven by focusing on new infrastructure, energy resource engineering services, and enhancing project quality and efficiency [4] Investor Relations - The company emphasizes the importance of maintaining shareholder value and has committed to improving capital operations and market reforms [6] - There have been no significant undisclosed information leaks during the investor relations activities [8]