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2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Shanghai Aerospace Automobile Electromechanical (600151.SH) released its semi-annual performance, with a net loss of 32.87 million yuan, turning from a profit to a loss year-on-year.
Shanghai Aerospace Automobile Electromechanical (600151.SH) released its semi-annual report for 2024, and the company achieved a revenue of 30.8...
shanghai aerospace automobile electromechanical (600151.SH): a net loss of 32.867 million yuan in the first half of the year
On August 30th, China Aerospace Automobile Electromechanical (600151.SH) released its semi-annual report. During the reporting period, the company achieved revenue of 3.083 billion yuan, a decrease of 37.78% compared to the same period last year, and a total profit of -24.2547 million yuan, a decrease of 149.63% compared to the same period last year. The net income attributable to the shareholders of the listed company was -32.867 million yuan.
Would Shanghai Aerospace Automobile Electromechanical (SHSE:600151) Be Better Off With Less Debt?
Shanghai Aerospace Automobile Electromechanical (stock code 600151.SH): the transfer agreement of the 100% shares of Essai Luxembourg held by Hong Kong Shanghang Control has been completed.
On July 22, 2024, Shanghai Aerospace Automobile Electromechanical (600151.SH) announced that Hong Kong Shanghang Holdings and Yiluo Heat Exchanger officially signed the SPA and its annexes for the 100% equity transfer of Eschalon Luxembourg in Vienna, Austria. Hong Kong Shanghang Holdings confirmed receipt of all equity payments on July 26, and on the same day, Aerospace Automobile Electromechanical and Yiluo Group signed debt payment documents, including target company shareholder resolutions, equity transfer confirmation and equity transfer certificates. On July 28, the acquirer directed Hong Kong Shanghang Holdings, Eschalon South Korea and its subsidiaries, and ESTARQ.
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