Qinghai Huading Industrial (600243.SH) released its semi-annual report. In the first half of 2024, the company achieved revenue of 117 million yuan, a decrease of 30.38% from the same period last year. The net income attributable to the parent company was -13.8353 million yuan, a decrease of 6.3034 million yuan from the same period last year, which was -20.1387 million yuan.
In the first half of 2024, the company will carry out various production and operation work in a planned, step-by-step, and effective manner, constantly summarize and analyze, optimize processes, improve processing efficiency, and reduce manufacturing costs; pay close attention to the quality, product after-sales service management, reduce after-sales service costs such as waste loss and repair and return, and improve customer satisfaction. In many aspects such as expanding fields and improving gross profit, the company strictly controls and ensures refinement and accountability. However, the company's revenue from elevator parts and gearbox products decreased compared to the same period last year due to the macroeconomic downturn, the weakness of the real estate market, and the decline of the construction machinery industry.
