Business
Zhejiang Jingsheng Mechanical & Electrical: Revenue up 20.71% to ¥10.15B, net profit down 4.97%, strong equipment/materials growth
Zhejiang Jingsheng Mechanical & Electrical: Revenue up 20.71% to ¥10.15B, net profit down 4.97%, strong equipment/materials growth
About this update from Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Class A
H1 2024 revenue rose 20.71% to ¥10.15B, with net profit at ¥2.10B (-4.97% YoY) and adjusted net profit up 1.02%. Equipment and materials segments grew, but cash flow declined sharply. The company advanced in semiconductor and PV equipment, with ongoing risks from industry cycles and competition.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.