Wedge Industrial Co., Ltd. Class ASZSE: 000534

Wedge Industrial: Q3 2024 saw double-digit profit growth, robust cash flow, and major investments in expansion

· Issued by Wedge Industrial Co., Ltd. Class A

Revenue and net profit grew by 9.16% and 15.51% year-over-year in Q3 2024, with strong operating cash flow and significant increases in R&D and capital expenditures. Share buybacks and equity incentive adjustments were completed, and borrowings rose to support expansion.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Company analysis

Earlier from Wedge Industrial Co., Ltd. Class A

All Wedge Industrial Co., Ltd. Class A news releases