CAMCE(002051) 搜狐财经·2025-05-24 14:55Core Viewpoint - The company has shown strong performance in the first quarter of 2025, with significant growth in revenue and international engineering contracts, indicating a positive outlook for its overseas business and strategic initiatives [3][4][8]. Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 2.183 billion yuan, representing a year-on-year increase of 12.17% [3][8]. - The net profit attributable to shareholders was 131 million yuan, reflecting a strong financial performance [3]. - The net cash flow from operating activities showed significant improvement compared to the previous year [3]. Group 2: International Engineering Contracts - The company signed new international engineering contracts worth 699 million USD in Q1 2025, marking a year-on-year growth of 30.65% [4][8]. - The total effective contract amount for international engineering projects reached 684 million USD, up 25.27% year-on-year [4][8]. - For the entire year of 2024, the company secured a total of 3.39 billion USD in new contracts, a 7.4% increase from the previous year [4]. Group 3: Overseas Business Development - The company is focusing on high-quality construction projects along the "Belt and Road" initiative, targeting stable political environments and high-demand markets [5]. - Significant projects in Nicaragua include the expansion of the Punta Huete International Airport and various emergency response and storage facility projects [5]. - In Q1 2025, the company signed a total contract for the West Demerara Hospital in Guyana, enhancing its brand presence in the Latin American healthcare construction sector [5]. Group 4: Strategic Emerging Industries - The company is aligning with the "14th Five-Year Plan" by upgrading traditional industries and developing emerging sectors, with a focus on core technology breakthroughs [6]. - In 2024, revenue from strategic emerging industries reached 861 million yuan, accounting for 7.07% of total revenue [6]. Group 5: Investment and Operation Business - The company is focusing on environmental protection, cableway, and clean energy sectors, achieving significant milestones in 2024 [7]. - Plans are in place to invest approximately 475 million USD in two waste-to-energy projects in Uzbekistan, aligning with the clean energy goals of the "14th Five-Year Plan" [7].