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In July, the industry developed rapidly according to Northeast Securities. The weak recovery trend of the general sector continued, and equipment updates are expected to accelerate.
In July, the national industrial value-added of scale enterprises increased by 5.1%, a decrease of 0.2 percentage points compared to the previous period.
In July, China's industrial added value above a designated scale increased by 5.1% year-on-year, with manufacturing industry growing by 5.3%.
From a month-on-month perspective, in July, the added value of industries above designated size increased by 0.35% compared with the previous month.
CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
ECHO INT HOLD: 2024 Annual Report
Echo Int Hold (08218) released annual performance, with shareholders' attributable losses of approximately HKD 9.44 million, a year-on-year narrowing.
Yigao International Holdings (08218) released its annual results for the year ending March 31, 2024, with revenue of approximately HKD 65.48 million, an increase of 18.44% year-on-year. The company's total loss attributable to owners was about HKD 9.44 million, while last year's total loss attributable to owners was about HKD 14.46 million. Basic and diluted loss per share was approximately 1.46 HK cents. It is reported that the increase in revenue is mainly due to the increase in sales of electronic products, especially fishing indicators and buzzers.
Express News | Echo International Holdings Group FY Revenue HKD 65.48 Million
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