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Express News | Commercial aerospace concept experiences a surge with sinomach precision industry group hitting the limit up.
Sinomach Precision Industry Group (002046.SZ): The company provides cross-roller bearing products, with current relatively small revenue.
On November 14th, GeLong Hui reported that Sinomach Precision Industry Group (002046.SZ) stated on the investor interaction platform that the company provides cylindrical roller bearings, but currently has relatively small revenue.
Sinomach Precision Industry Group (002046.SZ): The affiliated company plans to increase capital in proportion to Sinomach Finance.
On November 13, Gelonghui reported that sinomach precision industry group (002046.SZ) announced the launch of a capital increase plan by sinomach finance limited liability company (referred to as sinomach finance) to expand its business scale and enhance capital strength. The plan involves a cash capital increase of 0.6 billion yuan by the original shareholders (i.e., 26 shareholders) in proportion. The increased funds will be fully credited to the registered capital. The company's wholly-owned subsidiary, Luoyang bearing research institute co., ltd. (referred to as bearing research institute), Zhengzhou abrasive tools grinding research institute co., ltd. (referred to as three grinding institute), and China Machinery Industry International Cooperation Co., Ltd. (referred to as sinomach cooperation) are participating as shareholders of sinomach finance.
China Machinery Precision: Report for the third quarter of 2024
Sinomach Precision Industry Group (002046.SZ) released its performance for the first three quarters, with a net income of 0.205 billion yuan, a decrease of 15.11%.
Sinomach precision industry group (002046.SZ) released the third quarter report of 2024, the company's revenue for the first three quarters was 1...
Sinomach Precision Industry Group (002046.SZ): The net income in the first three quarters was 0.205 billion yuan, a year-on-year decrease of 15.11%.
On October 30, GeLongHui reported the third quarter of 2024 for Sinomach Precision Industry Group (002046.SZ). In the first three quarters of 2024, the company achieved revenue of 1.805 billion yuan, down 11.64% year-on-year; the net income attributable to shareholders of the listed company was 0.205 billion yuan, a decrease of 15.11% year-on-year; the net income after deducting non-recurring gains and losses was 0.161 billion yuan, an increase of 7.41% year-on-year; and the basic earnings per share were 0.3855 yuan per share.
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