AECC Aviation Power: Net income in Q1 declined by more than 90% year-on-year, and the profit contribution from new products has not yet emerged | Interpretations

① AECC Aviation Power achieved a net income of approximately 7.51 million yuan in Q1, a year-on-year decrease of 95.15%; ② The company's performance significantly declined mainly due to high R&D investments and financial expense pressure; ③ The company attributes the decline in gross margin to factors such as the profit contribution of new products not yet realized.

cls.cnApr 29 22:59

Jingwei Hengrun's revenue will increase without profit in 2024, with losses expanding to 0.55 billion yuan.

1. In 2024, JINGWEI HANGRUN's revenue is 5.541 billion yuan, a year-on-year growth of 18.46%. Due to ongoing investment in research and development, the net income remains negative, with an annual net loss attributable to the parent company of 0.55 billion yuan. 2. Driven by the expansion of the Asia Vets business, JINGWEI HANGRUN's revenue grew in 2024, but due to high R&D expenditure and market competition pressure, the net income did not turn positive.

cls.cnApr 29 07:56

Shanghai Electric Group's Q1 Net income surged by 145.7%, with an increase in gross profit margin from core Business | Earnings Reports insights.

In the first quarter, Shanghai Electric Group's performance showed a significant recovery, with operating income increasing by 8.06% year-on-year, and net income increasing sharply by 145.69%. The net income excluding non-recurring items turned a loss into a profit. This improvement in performance is mainly attributed to the steady development of the company's core business, with an increase in core business revenue and gross profit during the reporting period compared to the same period last year.

wallstreetcnApr 28 21:48

Nuclear Power is receiving a strong boost! The State Council has approved the Zhejiang Sanmen Phase III project and other Nuclear Power projects.

Analysis suggests that this is undoubtedly a significant Bullish factor for the Nuclear Power Industry Chain.

Brokerage ChinaApr 28 07:16

Wedge Industrial: Secured overseas L, double-digit growth in revenue and net profit in the first quarter | Quick announcement reading.

① Overseas customers signed a six-year framework supply agreement with Wedge Industrial for gas turbine Blade products, with the procurement amount in the last five years not less than 10 million dollars per year; ② In 2024, the company's overseas Business revenue is nearly 34 million yuan. With this contract finalized, the company's overseas Business revenue is expected to achieve a doubling growth this year; ③ In the first quarter of this year, Wedge Industrial's revenue and Net income both grew by double digits.

cls.cnApr 28 00:04

In the first quarter, Longda Co., Ltd. saw a simultaneous increase in revenue and net profit, with the product structure focusing on the high-temperature Alloy field.

① Longda Co., Ltd. stated that the main reason for the growth in Q1 performance is the company's focus on seizing development opportunities in both international and domestic markets, achieving continuous growth in the Aviation engine and gas turbine Business sectors; ② The company mentioned that the revenue growth in high-temperature Alloy is mainly attributed to the increase in sales volume of deformed high-temperature Alloy and the growth in the sales scale of cast high-temperature Alloy.

cls.cnApr 26 13:11