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We Like These Underlying Return On Capital Trends At Ningbo Boway Alloy Material (SHSE:601137)
Ningbo Boway Alloy Material's H1 Profit Jumps 39%; Shares Jump 3%
Ningbo Boway Alloy Material 2024 Semi-Annual Report
Summary of the half-year report from Ningbo Boway Alloy Materials in 2024.
Ningbo Boway Alloy Material (601137.SH): Net income in the first half of the year was 638 million yuan, a year-on-year increase of 38.73%.
On August 26th, Ningbo Boway Alloy Material (601137.SH) released its semi-annual report. During the reporting period, the company achieved operating income of 8.8 billion yuan, a year-on-year increase of 16.02%; and achieved a net income attributable to shareholders of listed companies of 0.638 billion yuan, a year-on-year increase of 38.73%. The growth in operating income during the reporting period was mainly due to an increase in sales volume. The company's ability to empower digitalized businesses gradually played a role, and the sales volume of customers in the new energy autos, semiconductors, and AI industries increased significantly, resulting in a rapid improvement in capacity utilization and a substantial increase in net income, achieving good operation.
As of August 9th, the number of shareholders of Ningbo Boway Alloy Material (601137.SH) was 42,750.
Ningbo Boway Alloy Material (601137.SH) stated on the investor communication platform on August 12 that as of August 9, the number of shareholders of the company was 42,750.
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