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Sumec (SHSE:600710) Sheds 5.8% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Sumec Corporation (600710.SH): Its diesel Generator units focus primarily on Global Telecommunications Carriers, Datacenters, and other market sectors.
On March 20, the company Sumec Corporation (600710.SH) stated on the interactive platform that according to the periodic report disclosed by the company, its diesel Generator sets primarily focus on the Global Telecommunications Carriers, Datacenter, advanced manufacturing, oilfields and mines, electrical power plants, public services, and facilities markets, mainly used as engineering support and backup power supplies, providing safe and reliable diesel Generator products, and not being applied to the company's Ship manufacturing Business. The company's Ship manufacturing Business is positioned for the research and construction of medium-sized Ships, with the Imperium Crown 63 3.0 version bulk carrier as the core product. Please refer to the announcements disclosed by the company for specifics.
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2024 Annual Results Report