China Wanda Bearing net profit increased to 14.2598 million yuan in the first quarter of 2024, a year-on-year increase of 31.52%
On May 14, Wanda Bearing released its performance report for the first quarter of 2024.
The report shows that from January 1 to March 31, 2024, the company achieved operating income of 85.5395 million yuan, a slight decrease from the same period last year, but the net profit reached 14.2598 million yuan, a year-on-year increase of 31.52%, and the basic earnings per share was 0.5300 yuan. .
Wanda Bearing, also known as Jiangsu Wanda Special Bearing Co., Ltd., was established on August 24, 2001 and is currently led by General Manager Xu Fei. The company's main business is the research and development, production and sales of forklift bearings and slewing bearings.
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Next Wanda Bearing is expected to become the first new stock to be listed on the 920 section of the Beijing Stock Exchange
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