Further Weakness as Lanzhou LS Heavy Equipment (SHSE:603169) Drops 6.0% This Week, Taking Five-year Losses to 37%

The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have both over-performing and under-performing stocks. At this point some shareholders

Simply Wall StJun 5 18:21 ET

Lanshi Heavy Equipment (603169.SH): The subsidiary was recognized as a 2024 specialized, special and new small and medium-sized enterprise in Gansu Province

Gelonghui, May 23 | Lanshi Heavy Equipment (603169.SH) announced. Recently, the Gansu Provincial Department of Industry and Information Technology issued the “Notice on Announcing the 2024 List of “Specialized, Special and New” SMEs in Gansu Province and enterprises that have passed the review. Lanzhou Lanshi Heat Exchange Equipment Co., Ltd. and Lanzhou Lanshi Testing Technology Co., Ltd., which are wholly-owned subsidiaries of Lanzhou Lanshi Heavy Equipment Co., Ltd., were recognized as 2024 specialized, special and new SMEs in Gansu Province.

Gelonghui FinanceMay 23 05:04 ET

Lanshi Heavy Equipment (603169.SH) announced first-quarter results, net profit of 33.1147 million yuan, an increase of 9.16%

According to the Zhitong Finance App, Lanshi Heavy Equipment (603169.SH) released its report for the first quarter of 2024. During the reporting period, it achieved revenue of 927 million yuan, a year-on-year decrease of 0.93%. Net profit attributable to shareholders of listed companies was RMB 33.1147 million, an increase of 9.16% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $3.201 million, an increase of 66.91% over the previous year.

Zhitong FinanceApr 29 10:36 ET

Lanzhou LS Heavy Equipment's (SHSE:603169) Problems Go Beyond Weak Profit

Investors were disappointed by Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169 ) latest earnings release. We did some analysis, and found that there are some reasons to be cautious about the headl

Simply Wall StApr 24 20:37 ET

Are Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

It is hard to get excited after looking at Lanzhou LS Heavy Equipment's (SHSE:603169) recent performance, when its stock has declined 9.8% over the past month. But if you pay close attention, you mi

Simply Wall StApr 18 18:08 ET

Lanshi Heavy Equipment (603169.SH): Net profit of 154 million yuan in 2023 decreased by 12.62% year-on-year

On April 17, Ge Longhui (603169.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 5.162 billion yuan, an increase of 3.65%; net profit attributable to shareholders of listed companies was 154 million yuan, a year-on-year decrease of 12.62%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 101 million yuan, a year-on-year decrease of 19.53%; and basic earnings per share were 0.1,177 yuan.

Gelonghui FinanceApr 17 07:59 ET