Zhejiang Sanhua Intelligent Controls Co., Ltd. Class ASZSE: 002050

Zhejiang Sanhua Intelligent Controls Co.: H1 2024 revenue and profit grew over 8%, with margin gains and global expansion initiatives

· Issued by Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A

Revenue rose 9.16% and net profit increased 8.59% year-over-year in H1 2024, driven by strong growth in both refrigeration and automotive components. Gross margin improved, and the company advanced global expansion and R&D, while managing risks from raw materials and currency volatility.

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