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Some May Be Optimistic About M-Grass Ecology And Environment (Group)'s (SZSE:300355) Earnings
M-Grass Ecology And Environment (300355.SZ) consortium has been pre-awarded a project worth 0.204 billion yuan.
On April 25, Gelonghui announced that M-Grass Ecology And Environment (300355.SZ) has formed a consortium with Alxa Left Banner Lanma Landscaping Ecology Construction Co., Ltd. and Alxa League Urban Investment Construction Engineering Co., Ltd. to jointly participate in the bidding for the "Inner Mongolia Autonomous Region Alxa League Alxa Left Banner - Three-North Phase VI Menggan Border Sand Control Project (Construction)." The project is tendered by the Alxa Left Banner Bureau of Science, Technology, and Forestry. According to the Inner Mongolia Public Resource Trading Network, the consortium to which the company belongs is the primary candidate for the bid, and the projected bid price for this project is 204.
Mengcao Ecology: Report for the first quarter of 2025
Mengcao Ecology: 2024 Annual Report Summary
Mengcao Ecology: 2024 Annual Report
M-Grass Ecology And Environment (300355.SZ) expects a Net income decrease of 85.80% to 35.3818 million yuan for the year 2024 and plans to distribute 0.04 yuan per share.
Glory Exchange, April 22, M-Grass Ecology And Environment (300355.SZ) released the 2024 annual report. In 2024, the company achieved revenue of 2.146 billion yuan, an increase of 13.27% year-on-year; the net income attributable to shareholders of the listed company was 35.3818 million yuan, a decrease of 85.80% year-on-year. The company plans to distribute a cash dividend of 0.04 yuan for every 10 shares to all shareholders. The main reason for the decline in the company’s performance in 2024 is due to the increase in recognized credit impairment losses compared to the same period last year: (1) The recognized credit impairment loss was -30.7714 million yuan in 2023, and in 2024, it is expected to increase.