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Jiangsu Eastern Shenghong (000301.SZ): A net loss of 2.297 billion yuan is projected for 2024.
On April 29, Gelonghui reported that Jiangsu Eastern Shenghong (000301.SZ) released its annual report for 2024. During the reporting period, the company achieved revenue of 137.675 billion yuan, a year-on-year decrease of 1.97%; the net income attributable to shareholders of the listed company was -2.297 billion yuan, and the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -2.654 billion yuan, with an EPS of -0.35 yuan.
Oriental Shenghong: 2024 Annual Report Summary
Oriental Shenghong: 2024 Annual Report
Oriental Shenghong: Report for the first quarter of 2025
Debon Securities: Seizing exports & warming domestic demand, the demand expectation for polyester is improving.
Recently, Trump announced a 90-day suspension of reciprocal tariffs on 75 countries and regions that have not implemented retaliatory tariff measures. Southeast Asia, as the main export region for polyester filament and textiles, may see a short-term surge in export demand due to adjustments in tariff policies.
Even Though Jiangsu Eastern ShenghongLtd (SZSE:000301) Has Lost CN¥2.2b Market Cap in Last 7 Days, Shareholders Are Still up 93% Over 5 Years