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

Zhejiang Sanhua Intelligent Controls Co.: Q3 2024 saw revenue and net profit growth, but cash flow and margins faced pressure from rising costs

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

Q3 2024 revenue grew 6.82% year-over-year to ¥6.89 billion, with net profit up 2.95% to ¥787 million. Operating cash flow declined, and higher expenses and exchange rate volatility impacted profitability, but increased government subsidies and investment income provided support.

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