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Star Source Zhumai (301398) 24Q3 performance review: Steady performance in 24Q3 revenue, with magnesium alloy products receiving new designated points.
The company released the third quarter report of 2024. In the first three quarters of 2024, the company achieved revenue of approximately 0.288 billion yuan, a year-on-year increase of approximately +13.54%; net income attributable to the mother is approximately 0.056 billion yuan, a year-on-year decrease of approximately -3.72%. Core Views 24Q3
Xingyuan Zhuo Mei: Report for the third quarter of 2024
Star Source Zhuomei (301398): Short-term profit growth pressure, long-term trend stable and positive
Event: The company released the third quarter report for 2024, achieving revenue of 0.29 billion yuan in the first three quarters of 2024, a year-on-year increase of 13.5%. Achieving a net income attributable to the parent of 56.08 million yuan, a year-on-year decrease of 3.7%, achieving non-GAAP net income.
Star Source Zhuomei (301398.SZ): Received customer project location notification
Gelonghui September 24th ǀ Xingyuan Zhuomei (301398.SZ) announced that it has recently received a supplier designated notification from a certain auto parts manufacturer. The company will develop and supply new energy vehicle magnesium alloy gearbox housings for this customer. According to the customer's plan, this project is expected to start mass production in June 2025, with an estimated total sales amount of approximately 0.17 billion Chinese yuan over the next three years (2025-2027).
Express News | Star Source Zhuomei: The designated customer project is expected to generate sales of 0.17 billion in three years.
Xingyuan Zhuomei (301398.SZ): has not yet purchased aluminum ingots from Liaoning Province.
Star Source Zhuomei (301398.SZ) stated on the investor interaction platform on September 24 that the company has not yet purchased aluminum ingots from the Liaoning region.
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