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Subdued Growth No Barrier To Hainan RuiZe New Building Material Co.,Ltd (SZSE:002596) With Shares Advancing 27%
Is Hainan RuiZe New Building MaterialLtd (SZSE:002596) Using Too Much Debt?
Hainan Ruize: Report for the third quarter of 2024
hainan ruize new building material (002596.SZ) released its performance for the first three quarters, with a net loss of 87.0256 million yuan.
hainan ruize new building material (002596.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
hainan ruize new building material (002596.SZ): a net loss of 87.0256 million yuan in the first three quarters.
On October 30, GeLongHui reported the third quarter of 2024 for Hainan Ruize New Building Material (002596.SZ). In the first three quarters of 2024, the company achieved revenue of 1.036 billion yuan, a decrease of 15.41% year-on-year; the net income attributable to shareholders of the listed company was a loss of 87.0256 million yuan, an increase of 16.32% year-on-year; the net income excluding non-recurring gains and losses was a loss of 98.137 million yuan, an increase of 13.94% year-on-year; basic earnings per share was -0.08 yuan per share.
Hainan Ruize New Building Material (002596.SZ): Guangdong Lurun Joint Venture won the bid for the 2024-2027 Lecong Town road cleaning and greening maintenance service project.
On October 21st, Hainan Ruize (002596.SZ) announced that Hainan Ruize New Building Material Co., Ltd., a wholly-owned subsidiary of the company, Guangdong Lurun Environmental Technology Co., Ltd. (hereinafter referred to as "Guangdong Lurun"), has received the "Transaction Notification", confirming Guangdong Lurun as a member of the consortium and Foshan Jianlu Environmental Health Management Co., Ltd. as the successful bidder for the "2024-2027 Lecong Town Road Cleaning and Greening Management Service Project". The project bid amount is RMB 74.2435 million, accounting for 4.33% of the company's audited revenue in 2023, and 4.33% of Guangdong Lurun's 2023 revenue.
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