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Market Is Not Liking Xinxing Ductile Iron Pipes' (SZSE:000778) Earnings Decline as Stock Retreats 3.3% This Week
Xinxing Ductile Iron Pipes H1 Profit Falls 49%; Shares Down 3%
Xinxing Ductile Iron Pipes: Half-year report for the year 2024.
Xinxing Ductile Iron Pipes: Summary of Half-Year Report in 2024.
Xinxing Ductile Iron Pipes (000778.SZ): net income of 0.428 billion yuan in the first half of the year, a year-on-year decrease of 48.99%.
Xinxing Ductile Iron Pipes (000778.SZ) announced its 2024 interim report, with revenue of 18.731 billion yuan, down 23.61% year-on-year; net income attributable to shareholders of the listed company was 0.428 billion yuan, down 48.99% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.276 billion yuan, down 45.38% year-on-year; and basic earnings per share was 0.1072 yuan.
Tongxing Environmental Protection Technology (003027.SZ) has provided flue gas treatment products and project services for well-known non-electric industry enterprises such as China Energy Group, Baowu Group, and Xinxing Ductile Iron Pipes.
Tongxing Environmental Protection Technology (003027.SZ) stated on the investor interaction platform on August 15th that it has provided exhaust gas treatment products and project services to well-known non-electric industry enterprises such as National Energy Group, Baowu Group, Angang Group, Tangsteel Group, Hanguang Group, Laigang Group, Nangang Group, Jinxi Steel, Jingye Steel, Ruifeng Steel, Shenhua Baoneng, Fengfeng Group, Shanxi Coking, Xishan Coal and Electricity, Lubei Group, Shandong Sun Paper, Jinneng Science&Technology, Kangheng Environment, Xinxing Ductile Iron Pipes and others.
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