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SHINELONG: 2024 Interim Report
Huaxi Securities: Leading light industry export enterprises' overseas business growth is promising in the future.
On August 29th, Guolonghui|Huaxi Securities research report pointed out that China's light industry outbound enterprises rely on their global integrated industrial chain layout, perfect supply chain, and efficient organizational management capabilities.
The mid-year net profit of Shinelong (01930.HK) is 7.28 million RMB, a decrease of 47.2%. No dividends are paid.
Shinelong (01930.HK) announced its interim results for the six months ending in June, with revenue of 0.118 billion RMB (same below), a 10.3% year-on-year increase. Recorded a net profit of 7.28 million yuan, a 47.2% decrease, with earnings per share of 1.1 cents. No interim dividend is declared.
Shinelong (01930.HK) has a mid-term profit of approximately 0.118 billion yuan, an increase of approximately 10.3% year-on-year.
On August 27, Guangdong Guanghui (01930.HK) announced that the group's income for the six months ending June 30, 2024 was approximately 0.118 billion yuan, an increase of approximately 10.3% year-on-year. The increase was mainly due to the increase in income generated by the group's sales of auto molds. In the first half of 2024, the company's attributable net profit was approximately 7.3 million yuan, a decrease of approximately 47.1% year-on-year; basic earnings per share were 1.1 yuan. The decrease was mainly due to: (i) a decrease in income from a major customer of the group, whose gross margin rate is relatively higher than other auto mold customers, resulting in lower sales.
Shinelong (01930) announced its interim performance, with owners' net profit of 7.278 million yuan, a decrease of 47.1% compared to the same period.
shinelong (01930) announced its mid-term performance for 2024, with a profit of approximately 0.118 billion yuan, a year-on-year growth of 10.3%;...
SHINELONG: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024 AND CHANGE IN USE OF PROCEEDS