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Jiangsu Innovative Ecological New Materials' (HKG:2116) Earnings Seem To Be Promising
JS INNOV: 2024 Interim Report
CICC Securities: The chemical industry continued to fluctuate in the first half of the year, with strong tire exports and double growth in revenue and performance.
In the first half of 2024, the chemical industry achieved revenue of 1237.63 billion yuan, a year-on-year increase of +4.2%; net income attributable to the company was 75.25 billion yuan, a year-on-year increase of +0.8%.
js innov announced its interim performance with a net profit of 6.87 million yuan, a decrease of 36.85% compared to the same period last year.
JS Innov (02116) released its performance for the six months ended June 30, 2024. During this period, the group achieved revenue of 69.137 million yuan (RMB, same below), a decrease of 30.79% year-on-year; a net profit of 6.87 million yuan, a decrease of 36.85% year-on-year; and earnings per share of 1.43 cents.
js innov (02116.HK) recorded total revenue of approximately 69.1 million yuan in the first half of the year, a year-on-year decrease of about 30.8%.
On August 26, Jiangsu Innovations (02116.HK) announced that the group's total revenue in the first half of 2024 decreased, recording a total income of approximately RMB 69.1 million, a decrease of approximately 30.8% compared to the same period last year. At the same time, the net income also correspondingly decreased to approximately RMB 6.9 million, with a year-on-year decrease of approximately 36.8%.
JS INNOV: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
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