On July 9, SUMEC Group Corporation (hereinafter referred to as " SUMEC ") (stock code: 600710.SH) released its 2024 semi-annual performance report. The announcement showed that SUMEC achieved a net profit attributable to shareholders of the parent company of 570 million yuan in the first half of this year, a year-on-year increase of 12.04%; basic earnings per share reached 0.44 yuan, an increase of 12.82% over the same period last year.
It is worth noting that on July 10, the Shanghai Composite Index closed at 2939.36 points. On the same day, the share prices of 29 listed companies including SUMEC broke through the annual line.
Faced with the increasing uncertainty in the global economic environment, SUMEC adheres to the business strategy of "firm confidence, adherence to the right path and innovation, and promoting stability through progress", focusing on the "certainty" of the five aspects of dual-circulation development, digital transformation, technological innovation, green and low-carbon, and brand building, and building core competitiveness. In the first half of the year, SUMEC achieved an operating income of 55.928 billion yuan, demonstrating the company's ability to operate steadily in the face of challenges.
SUMEC continues to optimize its business, market and customer structure, promotes the "industrial chain + supply chain" dual-wheel drive model, and continuously improves its risk resistance. In the fields of shipbuilding and shipping, ecological protection, textiles and clothing, and import and export of electromechanical equipment, SUMEC seizes market opportunities, focuses on serving mainstream customer groups, and promotes the overall improvement of business quality and efficiency.
SUMEC has maintained stable profitability in recent years and has been recognized by many well-known securities institutions such as Pacific Securities, GF Securities, Shenwan Hongyuan Securities, Guotai Junan Securities, etc. These institutions have given "buy" or "overweight" ratings based on SUMEC 's outstanding performance and continuously growing profit levels, which has enhanced the market's confidence in SUMEC's future development prospects.
In the first half of 2024, SUMEC actively implemented the "Five Certainties" strategy in a complex and changing market environment, promoted the integrated development of the "Dual Chain", achieved profit growth, and demonstrated the company's operating resilience and development potential. Looking ahead, SUMEC will continue to focus on the development of its main business, cultivate new growth drivers, promote high-quality and sustainable development, and strive to become a listed company trusted by investors.
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