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The Total Return for Jiangxi Guotai GroupLtd (SHSE:603977) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
Jiangxi Guotai Group (603977.SH): The company's current industrial explosive production capacity is 0.174 million tons.
On September 9th, Guotai Group (603977.SH) recently stated during a reception for institutional investors that the company's current industrial explosive capacity is 0.174 million tons, with on-site mixed explosive capacity of 0.0522 million tons, accounting for 30% of the company's total explosive capacity. The company's current industrial detonator capacity is 30.27 million units, including 27.27 million units of electronic detonators, and 3 million units annual production capacity for reserved shock tube detonators and industrial electric detonators for export. In the first half of 2024, the company's integrated civilian explosive business achieved a total profit of 166.33 million yuan, an 8.88% increase from the same period last year.
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