Fitch expects that the recovery of consumer demand will drive stable revenue growth in the jiangsu asia-pacific light alloy technology industry next year.

The rating agency Fitch stated that as consumer demand gradually recovers, the revenue growth and operating profit margins of the technology industry in the Asia-Pacific region will remain stable next year. However, it warned that the increase in tariffs in the usa next year may be higher than expected, which will significantly suppress consumer demand. Fitch believes that although there is still uncertainty in the pace of economic recovery in china, it is currently expected that the leading internet companies in china will continue to generate robust operating cash flow, while stock buybacks will slow down the de-leveraging process. It is anticipated that semiconductor companies in the Asia-Pacific region will perform differently, with companies focused on artificial intelligence chips experiencing strong growth, whereas some AI business revenue is lower and there are exposures to the china market.

AASTOCKSDec 10 14:15

Jiangsu Asia-Pacific Light Alloy Technology Invests 600 Million Yuan to Build New Factory

MT NewswiresNov 5 16:55

Express News | Jiangsu Asia-Pacific Light Alloy Technology: plans to invest 0.6 billion yuan to build the first phase of the automobile lightweight aluminum material production base in Northeast China.

BreakingsNov 4 18:27

Jiangsu Asia-Pacific Light Alloy Technology (002540): Sales volume in the first three quarters increased year-on-year, aluminum rod project progressing smoothly.

The company's net income attributable to equity holders decreased by 12% year-on-year in 2024 Q1-Q3. The company achieved revenue of 5.49 billion yuan in 2024 Q1-Q3 (+12.2% year-on-year), with a net income attributable to equity holders of 0.35 billion yuan (-11.8% year-on-year).

guosen securitiesNov 4 07:47

Asia Pacific Tech: Third Quarter Report 2024

SZSIOct 29 00:00 · Announcements

Jiangsu Asia-Pacific Light Alloy Technology (002540.SZ): The net income in the first three quarters was 0.35 billion yuan, a year-on-year decrease of 11.76%.

On October 28, Gaoronghui announced its third quarter report for 2024. In the first three quarters of 2024, the company achieved revenue of 5.489 billion yuan, a year-on-year increase of 12.21%; net income attributable to shareholders of the listed company was 0.35 billion yuan, a year-on-year decrease of 11.76%; net income after deducting non-recurring gains and losses was 0.338 billion yuan, a year-on-year decrease of 5.60%; basic earnings per share were 0.2803 yuan per share.

Gelonghui FinanceOct 28 22:53