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Western Venture: Semi-Annual Report 2024
Western Venture: 2024 Semi-Annual Report Summary
Ningxia Western Venture Industrial (000557.SZ): The net income for the first half of the year was 0.156 billion yuan, a year-on-year increase of 23.10%.
On August 27th, Ningxia Western Venture Industrial (000557.SZ) released its 2024 interim report, with a half-year revenue of 64.9 billion yuan, a 7.96% year-on-year decrease; a net income attributable to shareholders of the listed company of 15.6 billion yuan, a 23.10% year-on-year increase; a non-recurring profit and loss deducted net profit attributable to shareholders of the listed company of 16.2 billion yuan, a 24.07% year-on-year increase; and an earnings per share of 0.1070 yuan.
Retail Investors in Ningxia Western Venture Industrial Co.,Ltd. (SZSE:000557) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 7.8% Last Week
Ningxia Western Venture Industrial: 2024 Interim Performance Forecast
Ningxia Western Venture Industrial (000557.SZ): Net income for the first half of the year is expected to increase by 23.03% year-on-year.
On July 12th, GeLongHui reported that Ningxia Western Venture Industrial (000557.SZ) announced its performance forecast for the first half of 2024, with a net income of approximately 156 million yuan attributable to shareholders of listed companies, a year-on-year increase of 23.03%; net income after deducting non-recurring gains and losses is approximately 162 million yuan, a year-on-year increase of 23.96%; basic earnings per share is approximately 0.1070 yuan/share. The main reason for the company's profit growth in this reporting period is that in the first half of 2024, the company's railroad transportation business volume increased, driving both revenue and cost of goods sold to increase year-on-year, and the revenue growth rate is greater than that of the cost of goods sold.
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