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Jiangling Motors Q3 Profit Lowered by 3%; Shares Slide 7%
Jiangling Motors: Report for the third quarter of 2024
Jiangling Motors Corporation (000550.SZ) released its performance for the first three quarters, with a net income of 1.166 billion yuan, a year-on-year increase of 15.52%.
Jiangling Motors Corporation (000550.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
Jiangling Motors Corporation (000550.SZ): Net income in the third quarter was 0.271 billion yuan, a year-on-year decrease of 3.38%.
On October 23, Geelonghui reported Jiangling Motors Corporation (000550.SZ) released its third-quarter report for 2024, with revenue of 9.811 billion yuan, a year-on-year increase of 21.44%; net income attributable to shareholders of the listed company was 0.271 billion yuan, a year-on-year decrease of 3.38%; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was 0.273 billion yuan, a year-on-year increase of 14.05%; and the basic earnings per share were 0.31 yuan.
In September, domestic engine sales in China reached 4.1843 million units, a month-on-month increase of 10.67%.
According to data from the China Internal Combustion Engine Association, in September 2024, China's domestic engine sales reached 4.1843 million units, with a month-on-month increase of 10.67% and a year-on-year increase of 6.40%;
Jiangling Motors Corporation (SZSE:000550) Pulls Back 9.4% This Week, but Still Delivers Shareholders Strong 18% CAGR Over 5 Years
When Should You Buy Jiangling Motors Corporation, Ltd. (SZSE:000550)?No Data
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