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Will Weakness in Ling Yun Industrial Corporation Limited's (SHSE:600480) Stock Prove Temporary Given Strong Fundamentals?
2024 Semi-Annual Report of Lingyun Co., Ltd.
Summary of the 2024 semi-annual report of Lingyun Co., Ltd.
Ling Yun Industrial Corporation (600480.SH): The net income in the first half of the year was 0.399 billion yuan, a year-on-year increase of 23.69%.
Ling Yun Industrial Corporation (600480.SH) announced its semi-annual report for the first half of 2024. In the first half of 2024, the company's revenue was 8.938 billion yuan, an increase of 3.27% year-on-year. The net income attributable to shareholders of the listed company was 0.399 billion yuan, an increase of 23.69% year-on-year. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.352 billion yuan, an increase of 15.39% year-on-year. The basic earnings per share were 0.44 yuan. It is planned to distribute a cash dividend of 1.00 yuan (including tax) per 10 shares to all shareholders.
Improved Earnings Required Before Ling Yun Industrial Corporation Limited (SHSE:600480) Shares Find Their Feet
Ling Yun Industrial Corporation (600480.SH): the company's fluid pipeline system, lightweight aluminum products, and other products can be applied to low-altitude aircraft.
Ling Yun Industrial Corporation (600480.SH) stated on the investor interaction platform on August 7th that the company is actively expanding into new energy vehicles, new energy, and artificial intelligence fields. The company's fluid pipeline system, aluminum lightweight products, and other products can be applied to low-altitude aircraft. The company will keep a close eye on industry trends and continue to provide products that meet industry and customer needs in a timely manner.
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