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Aerospace Times Electronics Technology Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Aerospace Times Electronics Technology Co., Ltd.
China Aerospace Times Electronics (600879.SH): The net income for the first half of the year was 0.249 billion yuan, a year-on-year decrease of 35.77%.
China Aerospace Times Electronics (600879.SH) announced that during the reporting period, the company achieved revenue of 7.712 billion yuan, a year-on-year decrease of 20%; the net income attributable to shareholders of the listed company was 0.249 billion yuan, a year-on-year decrease of 35.77%. The basic earnings per share were 0.076 yuan.
China Aerospace Times Electronics CO., LTD.'s (SHSE:600879) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
China Aerospace Times Electronics (600879.SH): intends to increase the operating assets of the micro-electromechanical system and electromechanical component business by 125 million yuan to Plemen Company.
On August 14th, Guolong News reported that China Aerospace Times Electronics (600879.SH) announced that in order to accelerate the development of the company's electromechanical component business and achieve the transformation and upgrading of the business of Primus Corporation, the company plans to increase the operational assets of its MEMS-based electromechanical component business by RMB 125.1292 million to Primus Corporation. Through this capital increase, the MEMS-based electromechanical component business under the parent company system is injected into Primus Corporation for independent operation, which is conducive to the sustainable development of this part of the electromechanical component business, the establishment of a modern enterprise system with clear property rights, clear rights and responsibilities, rational decision-making, and scientific management, and also in line with the SASAC's special emphasis on improving the quality of listed companies.
China Aerospace Times Electronics Disposes 51% Stake in Aerospace Electric; Shares Down 3%
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