SUMEC(600710)2024-11-05 07:33Group 1: Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 86.941 billion CNY, a year-on-year decrease of 1.73% [1] - The net profit attributable to shareholders was 1.001 billion CNY, a year-on-year increase of 10.01% [1] - The non-recurring net profit attributable to shareholders reached 893 million CNY, up 27.28% year-on-year [1] - The basic earnings per share were 0.77 CNY, with a return on equity (ROE) of 13.79% [1] Group 2: Quarterly Breakdown - In Q3 2024, the company reported operating revenue of 31.013 billion CNY, an increase of 11.91% year-on-year [1] - The net profit attributable to shareholders for Q3 was approximately 400 million CNY, reflecting a year-on-year increase of 45.22% [1] - The quarterly revenue growth rates for the first three quarters were -23.4%, -1.7%, and +11.9% respectively, while the net profit growth rates were +5.1%, +19.1%, and +11.9% [1] Group 3: Business Segments - The shipbuilding segment delivered 19 vessels in the first three quarters and received orders for 37 additional vessels, totaling 84 vessels in hand as of September 2024 [2] - The textile and apparel segment achieved a total profit of 1.076 billion CNY in 2023, a year-on-year increase of 22%, with clothing profits growing by 28% and home textiles by 19% [2] - The company’s textile and apparel business saw a new export order value of 1.09 billion USD, a year-on-year increase of 20.8% [2] Group 4: Trade Performance - The total import and export value for the first three quarters of 2024 was 9.9 billion USD, reflecting an 8% year-on-year growth [2] - Exports grew by 16%, while imports increased by 3% during the same period [2]