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Express News | Prinx Chengshan - Update on Determination on Anti-Dumping Investigation
Sealand: High-end transformation is the key factor of the next wave of tire opportunities.
After experiencing the first differentiation achieved through overseas base layout, domestic tire companies are very likely to usher in the second differentiation marked by high-end transformation.
Is Prinx Chengshan Holdings (HKG:1809) Using Too Much Debt?
PRINX CHENGSHAN: INTERIM REPORT 2024
The profitability of Prinx Chengshan (1809.HK) continues to improve, continuously unleashing its potential.
On August 23, Prinx Chengshan (1809.HK) announced its mid-term performance for 2024. The financial report shows that Prinx Chengshan achieved a revenue of approximately 5.363 billion yuan, a year-on-year growth of 23.7%; gross profit of 1.32 billion yuan, a year-on-year growth of 60.4%; shareholder's net income of 0.811 billion yuan, a significant year-on-year increase of 148.0%, with a net profit margin of 15%. In addition, Prinx Chengshan declared a interim dividend of HKD 0.15 per share. Since last year, the downstream demand in the tire industry has remained strong, and tire companies have accelerated capacity expansion and innovation of products, highlighting the Matthew effect. Prinx Chengshan stands out and delivers strong performance.
Returns on Capital Paint A Bright Future For Prinx Chengshan Holdings (HKG:1809)
Prinx Chengshan Holdings' (HKG:1809) 197% YoY Earnings Expansion Surpassed the Shareholder Returns Over the Past YearNo Data
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