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Huatong Cable 2024 Semi-Annual Report
Summary of Huatong Cable\'s 2024 Semi-Annual Report
Huatong Cable (605196.SH) released its performance for the first half of the year, with a net income of 0.195 billion yuan, a year-on-year decrease of 6.38%.
Huatong Cable (605196.SH) released its semi-annual report for 2024, with revenue of 3.033 billion yuan...
Huatong Cable (605196.SH): The net income in the first half of the year was 0.19 billion yuan, a year-on-year decrease of 6.38%.
On August 29, Gelonghui announced its half-year report. During the reporting period, the company achieved revenue of 3 billion yuan, an increase of 8.16% year-on-year; it realized a net income attributable to the shareholders of the listed company of 0.19 billion yuan, a decrease of 6.38% year-on-year. As of the end of the reporting period, the company's total assets were 5897.1346 million yuan, an increase of 6.90% year-on-year; the net assets attributable to the shareholders of the listed company were 3061.3748 million yuan, an increase of 7.87% year-on-year.
Huatong Cable (605196.SH): future plans for the oil and gas field will mainly focus on domestic capacity layout.
Huatong Cable (605196.SH) recently stated during a reception with institutional investors that the company's future plans in the oilfield service sector mainly involve domestic production layout. Manufacturing domestically is to the company's advantage in terms of management as well as cost control. The oilfield service sector is currently expanding its production capacity and planning, increasing research and development efforts, developing and incubating new products, enriching the products in the oilfield industry sector, and enhancing the company's competitiveness.
Huatong Cable (605196.SH): Currently, both domestic and foreign order situations are relatively good.
Huatong Cable (605196.SH) recently stated during an institutional investor conference that the current domestic and international order situations are relatively good, but overseas market demand is stronger. There are many and scattered cable companies domestically, with low industry concentration and fierce competition; After years of development, the company has established stable and long-lasting cooperation with customers in overseas markets and currently feels that the order situation is good.
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