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NORINCO International Cooperation's (SZSE:000065) Five-year Earnings Growth Trails the Decent Shareholder Returns
Norinco International Cooperation (000065.SZ): The company's holding subsidiary has a small portion of products exported to the United States.
On April 14th, Gelonghui reported that Norinco International Cooperation (000065.SZ) stated on the investor interaction platform that the company's core business in international engineering mainly operates in countries and regions along the Belt and Road Initiative Concept, and is not affected by the tariffs imposed by the USA. A small portion of products from the company's holding subsidiaries are exported to the USA, with the export business accounting for no more than 1% of Norinco International's revenue and profit. Therefore, the direct impact of the current round of tariff increases on the company is very limited. The company will continue to monitor international economic conditions and changes in tariff policies, making timely adjustments to the company's Operation strategy to ensure stable development of the Business.
Norinco International Cooperation (000065.SZ): The company's engineering projects in Myanmar in previous years have been completed.
On April 2, Gronhui reported that Norinco International Cooperation (000065.SZ) stated on the investor interaction platform that the engineering projects in Myanmar from previous years have been completed. The company focuses on international engineering and will continue to pay attention to market opportunities related to the Belt and Road Initiative Concept in the future.
Private Companies Invested in NORINCO International Cooperation Ltd. (SZSE:000065) Copped the Brunt of Last Week's CN¥1.1b Market Cap Decline
Northern International: 2024 Annual Report Summary
Northern International: 2024 Annual Report
When Should You Buy NORINCO International Cooperation Ltd. (SZSE:000065)?
