Himile Mechanical Science and Technology (Shandong) Co: Q3 revenue up 26.24% and net profit up 15.93%, but cash flow from operations fell sharply
· Issued by Himile Mechanical Science & Technology (shandong) Co., Ltd. Class A
Q3 2024 revenue rose 26.24% year-over-year to ¥2.23 billion, with net profit up 15.93%. Cash flow from operations declined 48.37% due to higher costs, while inventory and contract liabilities surged on strong order growth.
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