Earnings Troubles May Signal Larger Issues for Fujian Longxi Bearing (Group) (SHSE:600592) Shareholders

Simply Wall StNov 5 17:31 ET

Longxi Co., Ltd. 2024 Third Quarter Report

SZSIOct 29 12:00 ET · Announcements

fujian longxi bearing(group)co.,ltd. (600592.SH) released its performance for the first three quarters, with net income of 0.166 billion yuan, a year-on-year decrease of 0.27%.

fujian longxi bearing(group)co.,ltd. (600592.SH) released the report for the first three quarters of 2024, during the reporting period, the company achieved revenue...

Zhitong FinanceOct 29 11:14 ET

fujian longxi bearing(group)co.,ltd. (600592.SH): net income in the first three quarters was 0.166 billion yuan, a decrease of 0.27% year-on-year.

Geelonghui October 29th | Fujian Longxi Bearing(Group)Co.,Ltd. (600592.SH) announced that in the first three quarters of 2024, it achieved revenue of 1.583 billion yuan, an increase of 12.18% year-on-year; net income attributable to shareholders of the listed company was 0.166 billion yuan, a decrease of 0.27% year-on-year; basic earnings per share was 0.4145 yuan.

Gelonghui FinanceOct 29 07:00 ET

These 4 Measures Indicate That Fujian Longxi Bearing (Group) (SHSE:600592) Is Using Debt Reasonably Well

Simply Wall StSep 30 19:52 ET

Fujian Longxi Bearing(Group)Co.,Ltd. (600592.SH): Explore the application of joint bearings in humanoid robots, low-flying aircraft, and other fields.

Fujian Longxi Bearing(Group)Co., Ltd. (600592.SH) stated on the investor interaction platform on September 30 that the company had previously provided some models of joint bearings to industrial robot and other mainframe manufacturers for laboratory experiments, but they were not adopted for application and did not enter into industrialized mass production. Therefore, in response to investors based on the actual situation, the company stated that "the company's products have not yet entered the field of robots." Currently, the company is accelerating the organization to carry out pre-research and tackle key technical problems for such products, exploring the application of joint bearings in humanoid robots, low-altitude aircraft, and other fields.

Gelonghui FinanceSep 30 04:43 ET