Guangdong Haid Group Co., Limited Class ASZSE: 002311

Guangdong Haid Group: Net profit jumped 30.17% in Q3 2024 despite a 4.75% revenue decline year-over-year

· Issued by Guangdong Haid Group Co., Limited Class A

Q3 2024 saw revenue decline 4.75% year-over-year, but net profit surged 30.17% on improved margins and cost controls. Cash flow from operations fell, while asset and equity levels rose, and incentive plans were actively managed.

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