EM ASIA CREDIT: FY Result: China State Constr. (CHSCOI, Baa2/NR/BBB+) - Miss
Mar-21 04:35By: Eric Sharper
CHSCOI+ 1
"*CHINA STATE CONS FY NET INCOME HK$9.36B, EST. HK$10.45B" - BBG
- China State Construction has reported preliminary FY'24 pre-tax profits up 7% YoY to HK$12.9bn, which is below consensus (HK$13.8bn). Overall neutral for spreads.
