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Jiangsu Huachen 2024 Semi-Annual Report
Jiangsu Huachen 2024 Semi-Annual Report Summary
Jiangsu Huachen (603097.SH) released its semi-annual performance with a net income of 39.94 million yuan, a year-on-year growth of 47.5%.
Jiangsu Huachen (603097.SH) disclosed its semi-annual report for 2024, with the company achieving a revenue of 6.68...
Jiangsu Huachen (603097.SH): The net income in the first half of the year was 39.9359 million yuan, a year-on-year increase of 47.5%.
On August 30th, Gelunhui reported that Jiangsu Huachen (603097.SH) released its semi-annual report. In the first half of 2024, the company achieved revenue of 667.9785 million yuan, an increase of 31.68% compared to the same period last year. The net income attributable to the shareholders of the listed company was 39.9359 million yuan, an increase of 47.50% compared to the same period last year. The net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 38.3609 million yuan, an increase of 47.31% compared to the same period last year.
China Post Securities: Strong demand in North America supports high prosperity, bullish on export of distribution side transformers.
The USA had previously implemented import restrictions on electrical transformers with a voltage level of 69kV and above. There may still be some hidden risks in exporting high-capacity electrical transformers to the USA, so it is recommended to be bullish on distribution transformers for export.
Jiangsu Huachen Transformer (SHSE:603097) Seems To Use Debt Quite Sensibly
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