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Xianglu Tungsten: Report for the Third Quarter of 2024
Xianglu Tungsten Industry: 2024 Semi-Annual Report Summary
Xianglu Tungsten Industry: 2024 Semi-Annual Report
Express News | Guangdong Xianglu Tungsten: Net loss of 10.3483 million yuan in the first half of the year.
Guangdong Xianglu Tungsten (002842.SZ): Net loss of 10.3483 million yuan in the first half of the year.
On August 29th, Guilin Hui reported the semi-annual report for 2024, with a report period revenue of 0.902 billion yuan, a year-on-year decrease of 3.92%; the net income attributable to the shareholders of the listed company was -10.3483 million yuan, with a reduced loss year-on-year; the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was -40.4831 million yuan; the basic earnings per share was -0.04 yuan.
As of now, Guangdong Xianglu Tungsten (002842.SZ) Chaozhou Fengquan Lake factory has the production capacity of 0.5 billion meters per month, which is equivalent to 6 billion meters per year.
On July 25th, Gelonghui reported that Guangdong Xianglu Tungsten Industry (002842.SZ) stated on its investor platform that the company is fully promoting the construction project of an annual output of 30 billion meters of ultra-fine tungsten wire. Matters such as factory construction and equipment purchase required by the project are progressing smoothly. The ultra-fine tungsten wire with a diameter of 28-35μm developed and produced by the company has met the needs of downstream customers and formed sales. So far, the Fengquan Lake plant in Chaozhou has a production capacity of 0.5 billion meters per month, or 6 billion meters per year.
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