Zhejiang Weixing New Building Materials Co. Ltd. Class ASZSE: 002372

Zhejiang Weixing New Building Materials: Q3 profit fell 25% year-over-year as revenue and investment returns declined

· Issued by Zhejiang Weixing New Building Materials Co. Ltd. Class A

Q3 2024 saw revenue decline 5.24% and net income drop 25.27% year-over-year, with year-to-date profit down 28.64%. Cash flow from operations improved, but investment income and asset valuations weighed on results.

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 Zhejiang Weixing New Building Materials Co. Ltd. Class A

All Zhejiang Weixing New Building Materials Co. Ltd. Class A news releases