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Despite the Downward Trend in Earnings at Sinomach AutomobileLtd (SHSE:600335) the Stock Increases 3.9%, Bringing Five-year Gains to 35%
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Sinomach Automobile (600335.SH): It is expected that net income will increase by approximately 1680% to 2016% year-on-year in 2024.
Gelonghui, January 20th - Sinomach Automobile (600335.SH) announced that it is expected to achieve a net income attributable to the owners of the parent company of approximately 370 million yuan to 440 million yuan in 2024. Compared to the same period last year, this will increase by approximately 349.21 million yuan to 419.21 million yuan, representing an increase of approximately 1,680% to 2,016%. It is expected that the net income attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be approximately 256 million yuan to 305 million yuan in 2024. Compared to the same period last year, this will increase by approximately 298.46 million yuan to 347.46 million yuan.
Sinomach Automobile (600335.SH): does not involve humanoid robot business.
On January 17, Gelonghui reported that Sinomach Automobile (600335.SH) stated on the investor interaction platform that the company is not involved in humanoid robot Business. The company's invested enterprise, Sinomach Zhijun, has entered bankruptcy reorganization, and the company will continue to monitor the situation.
Sinomach Automobile (600335.SH): Xiaomi Automobile is one of the important customers of the company.
On January 10, Gelonghui reported that Sinomach Automobile (600335.SH) stated on the investor interaction platform that Xiaomi Automobile is one of the company's important customers. In terms of automotive engineering business, the Xiaomi Automobile Intelligent Manufacturing industrial base project in Peking, in which the company participated in the construction, will officially begin production in the first half of 2024; regarding automotive import and domestic circulation business, in 2024, the company won the bidding for the Xiaomi Automobile Logistics Transportation project.
Sinomach Auto MobileLtd's (SHSE:600335) Three-year Earnings Growth Trails the Respectable Shareholder Returns
