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Chongqing Fuling Electric Power Industrial (SHSE:600452) Shareholders Notch a 15% CAGR Over 5 Years, yet Earnings Have Been Shrinking
Chongqing Fuling Electric Power Industrial H1 Profit Down 24%, Operating Income Declines 14%
Chongqing Fuling Electric Power Industrial's 2024 semi-annual report.
Summary of Chongqing Fuling Electric Power Industrial Semi-Annual Report 2024
Chongqing Fuling Electric Power Industrial (600452.SH): Net income for the first half of the year was 0.196 billion yuan, a year-on-year decrease of 24.2%.
Fuling Electric Power (600452.SH) announced its semi-annual report on August 15. During the reporting period, the company's production and operation were normal, and its financial situation was stable. It achieved a revenue of 1.473 billion yuan, a YoY decrease of 14.22%, a net income of 0.196 billion yuan, a YoY decrease of 24.2%, and a basic EPS of 0.18 yuan. Advantage in power grid operation business: As an electrical utilities company engaged in power grid operation, the company has a perfect power supply network in its supply area, which can provide high-quality and reliable power supply services to power users in the jurisdiction. At the same time, as a long-standing electrical utilities enterprise,
Is Chongqing Fuling Electric Power Industrial Co., Ltd.'s (SHSE:600452) Recent Stock Performance Tethered To Its Strong Fundamentals?
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