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Zhongwang Fabric: Zhongwang Fabric 2024 Annual Results Forecast Announcement
Zhongwang Fabric 2024 Annual Results Forecast Announcement
ZhongWang Fabric (605003.SH): It is expected that the net income in 2024 will decrease by 71.97% year-on-year to 75.15%.
Gelonghui, January 13丨ZhongWang Fabric (605003.SH) announced that, according to preliminary calculations by the financial department, it is expected to achieve a net income attributable to the owners of the parent company of 78 million yuan to 88 million yuan in 2024. Compared to the same period last year, this will represent a decrease of 225.9 million yuan to 235.9 million yuan, a year-on-year decrease of 71.97% to 75.15%. It is expected that the net income attributable to the owners of the parent company after deducting non-recurring gains and losses will be between 75 million yuan and 85 million yuan in 2024, which will increase by 9.26 million yuan to 19.26 million yuan compared to the same period last year, representing a year-on-year increase of 14.
ZhongWang Fabric (605003.SH): Selected for the 2024 Zhejiang Province "Future Factory" list.
On January 13, Gelonghui announced that ZhongWang Fabric (605003.SH) has successfully been selected for the 2024 "Future Factory" list from Zhejiang Province. This selection is a high recognition of the company's construction achievements in the "ZhongWang Fabric Decorative Fabric Future Factory," marking significant progress in the field of digital Intelligent Manufacturing. This not only helps to enhance the company's core competitiveness and influence in the industry but will also play a positive role in the high-quality expansion of the company's overall production capacity.
ZhongWang Fabric to Set Up Subsidiaries in Hong Kong, Singapore
ZhongWang Fabric (605003.SH): plans to establish two Overseas subsidiaries.
On December 17, Gelonghui reported that ZhongWang Fabric (605003.SH) announced plans to accelerate the company's industrial layout, enhance international competitiveness and service capabilities, and improve the overall Business layout and medium to long-term Global Strategy development plan. The company intends to invest HKD 0.05 million and SGD 100 to establish Overseas subsidiaries ZW HONG KONG INTERNATIONAL CO., LTD. (abbreviated as "ZW Hong Kong") and ZW PTE. LTD. (abbreviated as "ZW Singapore").