Shunho New Materials' Q3 net profit up 49% to ¥28.91 million

Oct.29.2024
Shunho New Materials' Q3 net profit up 49% to ¥28.91 million
Shunho New Materials' Q3 2024 financial report shows revenue of ¥426 million, down 1.65% year-on-year; net profit attributable to shareholders of the listed company reached ¥28.91 million, up 49.03% year-on-year.

Shanghai Shunho New Material Technology Co., Ltd. (stock abbreviation: Shunho Stock, stock code: 002565) released its third quarter financial report. According to the financial data, Shunho Stock achieved operating income of 426 million yuan in the third quarter, down 1.65% year on year, but up 24.9% quarter on quarter.

 

Net profit attributable to shareholders of the listed company was 28.91 million yuan, up 49.03% year on year and up 314% quarter on quarter.

 

Shunho New Materials' Q3 net profit up 49% to ¥28.91 million
Shunho Corporation's 2024 Q3 financial report | Image source: Shunho Corporation

 

In the first three quarters of 2024, Shunho Corporation achieved total operating revenue of 1.132 billion yuan, up 15.94% year on year; net profit attributable to shareholders of the listed company was 55.96 million yuan, up 117.8% year on year.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Netherlands Seizes 80,000 Illegal Flavored E-cigarettes, Bringing 2025 Total to Over 260,000
Netherlands Seizes 80,000 Illegal Flavored E-cigarettes, Bringing 2025 Total to Over 260,000
Dutch regulators seized and destroyed 80,000 flavored e-cigarettes near Amsterdam Schiphol in July. The importer, fined two months earlier for similar violations, faces heavy penalties as the Netherlands allows only tobacco-flavored vapes.
Jul.15 by 2FIRSTS.ai
Pakistan Plans to Implement Mandatory Standards for Nicotine Pouches; Industry Calls for Protection of Local Manufacturers
Pakistan Plans to Implement Mandatory Standards for Nicotine Pouches; Industry Calls for Protection of Local Manufacturers
Senior officials of the Pakistani government have instructed the Ministry of Science and Technology and the Standards and Quality Control Authority to accelerate actions to include tobacco-free nicotine oral products in the list of mandatory standards. The standards for nicotine pouches were initially drafted during the COVID-19 pandemic, specifying ingredient disclosure, upper limits on nicotine content per pouch, labeling, and child safety warnings. However, the process was stalled due to bure
Aug.26
Research Review | Between Harm Reduction and Environmental Care: Innovation, Regulation, and New Environmental Challenges in Argentina and South America
Research Review | Between Harm Reduction and Environmental Care: Innovation, Regulation, and New Environmental Challenges in Argentina and South America
This article is based on research materials provided by an Argentine team and edited by 2Firsts. It reviews the latest developments in South America’s NGP market, covering regulatory differences, environmental challenges, and the balance between harm reduction and sustainability.
Aug.25
2Firsts Interviews ASDF on Malaysia’s Vape Ad Ban, Total Prohibition Plans, and What’s Next
2Firsts Interviews ASDF on Malaysia’s Vape Ad Ban, Total Prohibition Plans, and What’s Next
Malaysia’s Vape Market in Turmoil.Since the implementation of Act 852, Malaysia’s e-cigarette sector has been undergoing intense upheaval. From stricter compliance inspections and a full advertising ban to a proposal for a complete sales prohibition, a regulatory storm is reshaping the industry landscape.2Firsts talks with leading local brand ASDF to learn how it is responding to challenges and laying out a compliance roadmap in the current policy environment.
Aug.14
New E-Cigarette Regulation in Tennessee Takes Effect in August: Retailers Required to Purchase from Licensed Distributors
New E-Cigarette Regulation in Tennessee Takes Effect in August: Retailers Required to Purchase from Licensed Distributors
A new e-cigarette law in Tennessee will take effect on August 1, requiring manufacturers to register their products and retailers to purchase from licensed distributors. Store owners are uncertain about compliance, as regulations are still being finalized.
Jul.29 by 2FIRSTS.ai
UK Shift Work Happiness Report 2025: Vape Shop Employees Rank Highest in Wellbeing
UK Shift Work Happiness Report 2025: Vape Shop Employees Rank Highest in Wellbeing
The UK’s Shift Pulse Report 2025 reveals a decline in overall happiness among shift workers, with the healthcare sector under heavy strain and 37.84% of its employees reporting negative emotions. In contrast, staff in tobacco and vape shops rank highest in wellbeing. The report also notes regional disparities and calls for greater attention to workers’ emotional health.
Jul.10 by 2FIRSTS.ai