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Huagong Tech H1 Profit Up 7%, Operating Income Rises 4%
Huagong Tech: Half-year report for the year 2024.
Huagong Tech: Summary of Half-Year Report in 2024.
Huagong Tech (000988.SZ) had a net income of 0.625 billion yuan in the first half of the year, a year-on-year growth of 7.4%.
Huagong Tech (000988.SZ) announced its semi-annual report on August 15. The revenue was 5.2 billion yuan, an increase of 3.51% year-on-year, with a net income of 0.625 billion yuan, an increase of 7.4% year-on-year. The non-recurring net profit was 0.507 billion yuan, a decrease of 6.93% year-on-year, and the basic earnings per share were 0.62 yuan.
Huagong Tech (000988.SZ): The brand advantage is obvious in fields such as 3C, ship, and new energy semiconductors.
Huagong tech (000988.SZ) stated on their investor platform that they actively respond to the national policy initiatives to support equipment upgrades and integrate resources for intelligent manufacturing business operations. They follow the "industry-leading, specialized, special and new" product path and pursue the "industry + major customer" mode. They have a clear brand advantage in areas such as 3C, ships, new energy semiconductors, and are accelerating their global business layout while maintaining continuous growth in overseas sales.
This year, Huagong Tech (000988.SZ) has been vigorously promoting its two core products, PTC heaters and temperature sensors, and the overall order volume has reached a new high.
On August 14th, Gelunhui reported that Huagong Tech (000988.SZ) stated on their investor platform that in the first half of this year, the company's two core products, PTC heaters and temperature sensors, have been powering up, and the overall order volume has reached a new high, consolidating the company's advantageous position in the fields of home appliances and automobiles. They have also penetrated strongly into the photovoltaic energy storage and power battery markets, with significant growth in overseas market development. At the same time, they have developed strategic new products represented by intelligent gas sensors, integrated sensors for vehicle environmental perception, and new generation WPTC heaters, promoting diversified product layout.
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