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Xi'an Shaangu Power (601369): Steady recovery of performance in Q3 2024, downstream steel ultra-low emission transformation may bring catalyst.
In Q3 2024, the company's revenue and profit achieved a good recovery on a low base, mainly benefiting from the rapid growth of the gas operation business, which continues to perform well in the three major business sectors. The company continues to deepen its differentiation in the synthetic gas track, with internal ROI.
Xi'an Shaangu Power (601369): Industrial gas steadily growing, compressed air energy storage developing rapidly.
This report summary: The company's performance in the third quarter of 2024 meets expectations, with steady growth in the industrial gas business. It is expected that the demand for equipment sectors will rebound, and the compressed air energy storage project is likely to accelerate development. Investment highlights: Maintain a buy rating. The company's industrial gas business
xi'an shaangu power (601369): 2024 Q3 performance turned positive beyond expectations, looking forward to sustained growth ahead.
Event: The company released the third quarter report for 2024, achieving revenue of 7.289 billion yuan, a year-on-year increase of 0.28%, achieving a net income attributable to the parent company of 0.666 billion yuan, a year-on-year decrease of 8.25%, achieving a non-net income attributable to the parent company of 6.22 billion yuan.
Xi\'an Shaangu Power Co., Ltd. Report for the Third Quarter of 2024
Xi'an Shaangu Power (601369.SH): The net income for the first three quarters was 0.666 billion yuan, a year-on-year decrease of 8.25%.
On October 25, GeLongHui reported that Xi'an Shaangu Power (601369.SH) released its third quarter report, with a third quarter revenue of 7.289 billion yuan, a year-on-year increase of 0.28%, a net income of 0.666 billion yuan, a year-on-year decrease of 8.25%, a non-GAAP net income of 0.622 billion yuan, a year-on-year decrease of 7.25%, and basic earnings per share of 0.39 yuan.
In 2024, xi'an shaangu power (601369.SH) distributed semi-annual equity: 0.18 yuan per share, with equity registration on October 10.
xi'an shaangu power (601369.SH) announced the semi-annual equity distribution notice for 2024, prior to the implementation of the plan...
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