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Shenzhen MTC H1 Profit Up 24%, Operating Income Rises 23%; Shares Down 7%
Shenzhen Mtc: Half-year report for the year 2024.
Shenzhen Mtc: Summary of Half-Year Report in 2024.
Express News | Shenzhen Mtc H1 Net Profit up 24.0% Y/Y
Shenzhen MTC (002429.SZ): The net income attributable to the parent company in the first half of the year was 0.911 billion yuan, a year-on-year increase of 24.04%.
Shenzhen MTC (002429.SZ) released its 2024 interim report on August 5th, reporting revenue of 9.52 billion yuan, up 23.07% year-on-year, and a net income attributable to shareholders of listed companies of 0.911 billion yuan, up 24.04% year-on-year; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses was 0.859 billion yuan, up 36.91% year-on-year. During the reporting period, the company achieved double growth in revenue and net income. While the traditional business showed stable growth in smart display terminals, the net income contribution of the LED industry chain accounted for more than 50%.
Shenzhen MTC Co., Ltd.'s (SZSE:002429) Price Is Right But Growth Is Lacking
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