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Express News | Galaxy Securities: State-owned enterprise reform helps reshape the valuation of non-ferrous central state-owned enterprises.
Express News | Baowei Magnesium Aluminum and Haitian Zhisheng Metal successfully trial-produced magnesium alloy semi-solid dashboard crossbeams.
Baowu Magnesium Technology (002182): The continued low magnesium prices are affecting performance, waiting patiently for gradual increase in downstream demand.
Event: In the first three quarters of 2024, the company achieved revenue of 6.347 billion yuan, a year-on-year increase of 14.09%; achieving a net income attributable to the mother of 0.154 billion yuan, a year-on-year decrease of 25.88%. Among them, Q3 achieved revenue of 22.7
baowu magnesium technology (002182): Short-term performance under pressure due to the decline in magnesium prices, with an increase in sales volume of deep-processed products compared to the same period last year.
Event: The company disclosed the third quarter report for 2024, with a year-on-year growth in revenue and a year-on-year decline in profit. In Q3 2024, the company's revenue was 2.271 billion yuan, +11.86% year-on-year; net income attributable to shareholders was 3397.2.
Baowu Magnesium: Report for the third quarter of 2024
Baowu Magnesium Technology (002182.SZ): net income of 0.154 billion yuan in the first three quarters, a year-on-year decrease of 25.88%.
GeLongHui October 28th | Baowu Magnesium Technology (002182.SZ) announced its third quarter report for 2024, with the company achieving revenue of 6.347 billion yuan in the first three quarters, a year-on-year increase of 14.09%; the net income attributable to shareholders of the listed company was 0.154 billion yuan, a year-on-year decrease of 25.88%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.124 billion yuan, a year-on-year decrease of 33.73%; and the basic earnings per share were 0.1550 yuan.
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