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Longxin General Dynamics Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Longxin General Dynamics Co., Ltd.
Loncin Motor (603766.SH): The net income in the first half of the year was 0.589 billion yuan, an increase of 17.48% year-on-year.
Loncin Motor (603766.SH) announced its semi-annual report on August 29th. During the reporting period, the company achieved revenue of 7.666 billion yuan, a year-on-year increase of 28.23%. The net income attributable to the parent company was 0.589 billion yuan, a year-on-year increase of 17.48%; the revenue from its own brand was 2.459 billion yuan, a year-on-year increase of 75.21%, accounting for 32.08% of the company's operating income, an increase of 8.60 percentage points year-on-year; and the comprehensive gross margin was 18.68%, showing stability with growth.
Loncin Motor Co., Ltd.'s (SHSE:603766) Business And Shares Still Trailing The Market
Huafu Securities: Paying attention to the medium-to-long-term opportunities in this round of motorcycle overseas expansion from "manufacturing going abroad" to "brand going abroad".
This year, the domestic motorcycle export market is booming, with bright performances in export regions such as Latin America, Asia, and Europe. Against the backdrop of a steady overseas market, the current wave of export bonus is more driven by the overall competitiveness improvement of domestic brands.
Is Loncin Motor (SHSE:603766) A Risky Investment?
Loncin Motor Co., Ltd.'s (SHSE:603766) Shares Bounce 31% But Its Business Still Trails The MarketNo Data
