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Investors in Wuxi Huadong Heavy Machinery (SZSE:002685) From Five Years Ago Are Still Down 49%, Even After 15% Gain This Past Week
Wuxi Huadong Heavy Machinery: 2024 Interim Performance Forecast
Wuxi Huadong Heavy Machinery (002685.SZ): expected to make a profit of 20 million to 30 million yuan in the first half of the year, turning losses around year-on-year.
Wuxi Huadong Heavy Machinery (002685.SZ) announced its forecast for the first half of 2024, with net income attributable to shareholders of the listed company ranging from 20 million yuan to 30 million yuan, compared to a loss of 45.5145 million yuan in the same period last year; and net income after deducting non-recurring gains and losses ranging from 18 million yuan to 27 million yuan, compared to a loss of 55.9671 million yuan in the same period last year; and an EPS of 0.0198 yuan/share to 0.0298 yuan/share. During the reporting period, the shipping market improved and the company seized the opportunity of upgrading and transforming port equipment, with the help of the company's abundant orders on hand.
Wuxi Huadong Heavy Machinery (002685.SZ): Sufficient orders for port machinery business.
On June 14th, Gelunhui reported that an investor asked Wuxi Huadong Heavy Machinery (002685.SZ) on the investor interaction platform, 'Will there be any improvement in the earnings conference of Wuxi Huadong Heavy Machinery's half-year report? Does the company have the determination to turn losses into profits?' The company replied that the orders for the company's Hong Kong port operations are sufficient and for information on operating performance, please refer to the company's regular reports.
Huadong Heavy Machinery (002685.SZ): Currently, TopCon battery conversion efficiency has reached 26.5%
Gelonghui May 27丨Huadong Heavy Machinery (002685.SZ) held a performance briefing on May 27, 2024 to discuss “What are the latest technical indicators of the company's N-type batteries?” The company replied that at present, the company's TopCon battery conversion efficiency has reached 26.5%, which is at the leading level in the industry. The company will continue to carry out cost reduction and efficiency work through technology and process improvement to provide high-quality and low-cost photovoltaic cell products to the entire market.
Huadong Heavy Machinery (002685.SZ): Net profit of 208.748 million yuan in the first quarter decreased 16.93% year-on-year
Gelonghui, April 26 | Huadong Heavy Machinery (002685.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 152 million yuan, down 43.81% year on year; net profit attributable to shareholders of listed companies was 208.748 million yuan, down 16.93% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 19.1052 million yuan, down 13.44% year on year; basic earnings per share were 0.0207 yuan.
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