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Shanghai Mechanical & Electrical Industry Co.,Ltd.'s (SHSE:600835) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Shanghai Mechanical & Electrical Industry's H1 Profit Falls 5%
Shanghai Mechanical & Electrical Industry Half-Year Report Summary for 2024
Shanghai Mechanical & Electrical Industry's H1 report for 2024.
Shanghai mechanical & electrical industry (600835.SH): net income of 0.526 billion yuan in the first half of the year, a decrease of 5.44% year-on-year, and a proposed dividend of 2 yuan per 10 shares.
On August 16th, Gelunhui announced the 2024 interim report. During the reporting period, it realized revenue of 10.084 billion yuan, a YoY decrease of 7.46%; net income attributable to shareholders of the listed company was 0.526 billion yuan, a YoY decrease of 5.44%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.503 billion yuan, a YoY decrease of 1.18%; basic earnings per share were 0.51 yuan. It plans to distribute cash dividends of RMB 2.00 (tax included) per 10 shares to all shareholders. The company's business involves elevator manufacturing, refrigeration and air conditioner equipment manufacturing, and printing and packaging.
Benign Growth For Shanghai Mechanical & Electrical Industry Co.,Ltd. (SHSE:600835) Underpins Its Share Price
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