Weihai Guangwei Composites Co: Net profit fell 15.12% on lower revenue, but cash flow and R&D investment remained strong

About this update from Weihai Guangwei Composites Co., Ltd. Class A

Revenue fell 2.69% to ¥2.45 billion and net profit dropped 15.12% to ¥741 million, with strong cash flow and continued R&D investment. Carbon fiber and wind power segments showed mixed results amid industry overcapacity, but the company remains a leader in high-end applications and expects a recovery in aerospace and wind power demand.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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