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Here's Why Guangdong HEC Technology Holding (SHSE:600673) Is Weighed Down By Its Debt Load
Guangdong HEC Technology Returns to Profit in H1 as Revenue Rises 16%
Guangdong HEC Technology Holding's semi-annual report for 2024.
Guangdong HEC Technology Holding's summary of the 2024 interim report.
Guangdong HEC Technology Holding (600673.SH): The revenue in the first half of the year was 6.013 billion yuan, an increase of 16.15% year-on-year.
On August 19, 2024, Guangdong HEC Technology Holding (600673.SH) released its semi-annual report, achieving revenue of 6.013 billion yuan, a 16.15% year-on-year increase; net income attributable to shareholders of listed companies was 0.226 billion yuan, turning losses into profits year-on-year; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses was 0.181 billion yuan; basic earnings per share was 0.076 yuan. During the reporting period, the domestic electronic information manufacturing industry steadily grew in production, exports stabilized and recovered, benefits improved month by month, investment growth accelerated, and the overall momentum of the electronic consumer industry improved significantly, which was a trend for the industry.
Guangdong HEC Technology Holding (01558) saw a surge over 5% in early trading on the Hong Kong Stock Exchange. The company is expected to enter the Hong Kong stock connect list in September, and integration will release its competitive advantage.
Guangdong HEC Technology Holdings Co., Ltd. (01558) rose more than 5% in early trading. As of press time, it increased by 4.53%, with a reported price of HKD 9.7 and a turnover of HKD 9.037 million.
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