Zhejiang Jingsheng Mechanical & Electrical Co Ltd SZSE:300316:
SAYS Q3 NET PROFIT DOWN 69.7% Y/Y
Jingsheng Mechanical & Electrical Q3 Net Profit Down 69.7% Y/Y
Earlier from Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Class A
- Zhejiang Jingsheng Mechanical & Electrical: Revenue and profit fell sharply, but semiconductor and materials segments showed growth resilience
- Zhejiang Jingsheng Mechanical & Electrical: Revenue and profit declined sharply, but operating cash flow and subsidies rose significantly
- Zhejiang Jingsheng Mechanical & Electrical: Net profit dropped 44.93% on lower revenue and major asset impairments; R&D and overseas growth continued
- Zhejiang Jingsheng Mechanical & Electrical: Revenue up 7.55% YTD, but net profit down 15.76% year-over-year on margin pressure