Stock Track | First Tractor Surges on Robust First-Half Earnings Growth

Stock Track08-29

First Tractor Co., Ltd. (HKG:0038, SHA:601038) saw its stock price surge 5.56% during intraday trading on Wednesday, August 29, 2024. The rally was fueled by the company's impressive financial results for the first half of the year.

According to a filing with the Hong Kong Stock Exchange, First Tractor's attributable profit soared to 905.3 million yuan in the first six months of 2024, a significant increase from 754.1 million yuan in the same period last year. The harvesting machines manufacturer also reported a strong rise in earnings per share, climbing to 0.8057 yuan from 0.6712 yuan a year earlier.

First Tractor's total operating revenue grew to 7.81 billion yuan in the first half of 2024, up from 7.25 billion yuan in the year-ago period. This robust financial performance was well received by investors, with the company's shares jumping 5% in both Hong Kong and Shanghai during recent trading sessions.

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(HKG:0038, SHA:601038) saw its stock price surge 5.56% during intraday trading on Wednesday, August 29, 2024. The rally was fueled by the company's impressive financial results...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00038","symbol_name":"第一拖拉机股份","start_time":0,"source_url":"","article_id":"1151054288","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151054288","pubTimestamp":1724905466,"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"First Tractor Co., Ltd.  saw its stock price surge 5.56% during intraday trading on Wednesday, August 29, 2024. 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