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Neway Valve Suzhou's H1 Profit Jumps 45%, Operating Income Climbs 17%
Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Price Is Right But Growth Is Lacking
neway valve 2024 Interim Report
Summary of Neway Valve's 2024 Interim Report
Neway Valve (603699.SH): Its holding subsidiary plans to invest in high-end precision casting manufacturing projects.
On August 14th, Gelunhui reported that Neway Valve (603699.SH) announced that due to the existing production technology, process arrangement, logistics storage, production equipment, automation level, etc. of its holding subsidiary Newway Industrial Materials (Dafeng) Co., Ltd. (referred to as 'Newway Industrial Materials (Dafeng)'), it has been unable to meet the needs of modern factory management. In accordance with the company's development plan, it urgently needs to move and renovate to improve the production environment, optimize functional layout, improve automation level, increase production efficiency, reduce operating costs, and enhance production capacity. Therefore, Newway Industrial Materials (Dafeng) intends to participate in the bidding for Dafeng District, Yancheng City.
Investors in Neway Valve (Suzhou) (SHSE:603699) Have Seen Stellar Returns of 100% Over the Past Three Years
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Surges 27% Yet Its Low P/E Is No Reason For ExcitementNo Data
