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Yantai Eddie Precision Machinery (603638): Hydraulic components are developing towards high-end, new businesses are significantly reducing losses.
Performance slightly exceeds our expectations. The company announced its performance for Q1-Q3 2024: revenue of 2.038 billion yuan, a year-on-year increase of 26.6%, net income attributable to the parent company of 0.281 billion yuan, a year-on-year increase of 32.3%. Looking at the quarterly perspective, Q3 2024 revenue is 6 billion yuan.
Eddy Precision: Eddy Precision 2024 Third Quarter Report
Eddy Precision 2024 Third Quarter Report
Yantai Eddie Precision Machinery (603638.SH) released its performance for the first three quarters, with a net income of 0.281 billion yuan, a year-on-year increase of 32.30%.
Yantai Eddie Precision Machinery (603638.SH) released the third quarter report for 2024, during the reporting period the company achieved revenue...
Yantai Eddie Precision Machinery (603638.SH): The net income in the first three quarters was 0.28 billion yuan, a year-on-year increase of 32.3%.
On October 30, Yantai Eddie Precision Machinery (603638.SH) released its third-quarter report, with a revenue of 2.038 billion yuan in the first three quarters, a year-on-year increase of 26.56%. The net income is 0.28 billion yuan, a year-on-year increase of 32.3%, non-net profit is 0.252 billion yuan, a year-on-year increase of 28.56%, and the basic earnings per share is 0.34 yuan.
yantai eddie precision machinery joined hands with Kawasaki Heavy Industries to establish a subsidiary, accelerating the capture of high-end market share.
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