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Zoje Resources Investment Expects to Return to Profit in H1; Shares Rise 4%
Zoje Resources Investment: 2024 Interim Performance Forecast
Zhongjie Resources (002021.SZ) is expected to have a net income of 120-180 million yuan in the first half of the year, turning losses into profits year-on-year.
On July 4th, Gelunhui reported that Zhongjie Resources (002021.SZ) expects a net income of 12-18 million yuan for the first half of the year, turning losses into profits year-on-year, with a non-reduced net income of 7-13 million yuan. Revenue is expected to be between 425 million yuan and 485 million yuan. The main reason for the net profit attributable to shareholders of listed companies in this reporting period to turn losses into profits compared to the same period last year is due to the increase in sales revenue of the main business of the company's wholly-owned subsidiary Zhejiang Zhongjie Sewing Technology Co., Ltd.’s sewing machine business from the same period last year. In addition, the company incurred financial expenses.
Zhongjie Resources (002021.SZ): The current main business is the research and development, production, and sales of industrial sewing machines, and not the production of parts for sewing equipment.
On June 19, Gruntal stated on the investor interaction platform that the predecessor of Daxing'anling Jierui Ecological Technology Co., Ltd. (hereinafter referred to as "Jierui Ecological") was Daxing'anling Jierui Ecological Black Pig Co., Ltd. Jierui Ecological's business scope includes research and development of agricultural technology and new energy technology, technology transfer, and technology consulting services. Shanghai Shengjie Investment Management Co., Ltd., a wholly-owned subsidiary of the company, holds 11% equity of Jierui Ecological. Jierui Ecological is currently still in existence but is in a state of suspension. The company's main business is the research and development, production, and sales of industrial sewing machines. It has not yet produced sewing equipment.
*ST Zhongjie (002021.SZ): The stock abbreviation will be changed to “Zhongjie Resources” and trading will be suspended for one day on May 31
*ST Zhongjie (002021.SZ) announced that the company's stock trading will be held on May 31, 2024 (Friday...
What Zoje Resources Investment Co., Ltd.'s (SZSE:002021) 28% Share Price Gain Is Not Telling You
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