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Why Gemac Engineering Machinery's (SZSE:301048) Shaky Earnings Are Just The Beginning Of Its Problems
Golden Eagle Heavy Industries: Report for the third quarter of 2024
Jinying Heavy Industry (301048.SZ) released its performance for the first three quarters, with a net income of 0.105 billion yuan, a decrease of 39.87%.
Golden Eagle Heavy Industry (301048.SZ) released the third quarter report of 2024, the company's revenue for the first three quarters was 1...
Jinying Heavy Industry (301048.SZ): The net income for the first three quarters was 0.105 billion yuan, a year-on-year decrease of 39.87%.
Gelonghui October 29th | Golden Eagle Heavy Industries (301048.SZ) released the third quarter report of 2024,achieving revenue of 1.914 billion yuan in the first three quarters of 2024, a year-on-year decrease of 0.50%; net income attributable to shareholders of the listed company was 0.105 billion yuan, a year-on-year decrease of 39.87%; net income after deducting non-recurring gains and losses was 87.691 million yuan, a year-on-year decrease of 47.31%; basic earnings per share was 0.2 yuan/share.
Gemac Engineering Machinery Co., Ltd. (SZSE:301048) Shares Fly 29% But Investors Aren't Buying For Growth
Jinying Heavy Industry (301048.SZ): The company is currently participating in the research and development of containerized transportation vehicles organized by the railroads system.
Gelonghui September 24th | An investor asked Jin Ying Heavy Industry (301048.SZ) through the interactive platform: As a subsidiary of China Railways Corporation with a Container Business Division, the country is currently researching and supporting lithium battery transportation in railroads, as an emerging industry. Does the company have relevant technological reserves? Thank you! Jin Ying Heavy Industry (301048.SZ) replied: Hello! In the first half of 2024, the company's freight equipment revenue reached 0.207 billion yuan, a year-on-year increase of 10.27%. The company is currently involved in the research and development of containerized transportation vehicles in the railway system. Currently, containers are shipped for electric autos.
Additional Considerations Required While Assessing Gemac Engineering Machinery's (SZSE:301048) Strong EarningsNo Data
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