Trending Industry Today: TIMES ELECTRIC Leads Gains In High-Speed Rail Stocks

Moomoo NewsOct 2 03:50 ET

Trending Industry Today: CHINA RAILWAY Leads Gains In High-Speed Rail Stocks

Moomoo NewsSep 29 22:50 ET

Trending Industry Today: CHINA COMM CONS Leads Gains In High-Speed Rail Stocks

Moomoo NewsSep 24 23:10 ET

Affected by the intensified competition in the rail transit market, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first half of the year. It will still take time for the low-altitude business to contribute

①Regarding the decrease in revenue, China Railway Signal & Communication Corporation stated that the company is focusing on the development of its main tasks, promoting the transformation and upgrading of traditional industries, preventing operational risks, and the income from engineering projects has decreased. ②In the first half of 2024, the company's total newly signed contract amount accumulated to 21.023 billion yuan, a year-on-year decrease of 33.62%.

cls.cnAug 28 20:55 ET

times electric's net profit in the first half of the year increased by 30.56% year on year. Some of the investment projects are delayed.

Times Electric stated that in the first half of 2024, the increase in revenue was due to the growth of railroad investments and the recovery of passenger traffic, resulting in a year-on-year increase in the acceptance and delivery volume of rail transit products.

cls.cnAug 23 22:43 ET

In July, China's industrial added value above a designated scale increased by 5.1% year-on-year, with manufacturing industry growing by 5.3%.

From a month-on-month perspective, in July, the added value of industries above designated size increased by 0.35% compared with the previous month.

wallstreetcnAug 14 22:08 ET