Nexteer has announced its unaudited interim performance for the six months ending on June 30, 2024, with revenue remaining stable at $2.1 billion and gross profit increasing by 10.5% to $210.9 million. The profit for the period was $23.06 million, a decrease of $14.34 million from the same period last year. The profit attributable to equity holders of the company was $15.7 million, a decrease of $18.3 million from the same period last year. The net cash inflow from operating activities was $152.4 million, while the cash outflow for investing activities was $154.6 million and the cash outflow for financing activities was $19.7 million. The board of directors does not recommend the payment of an interim dividend. Mr. Lei Zili, Chairman and CEO of the board, stated that the company will continue to focus on innovation and maintain a leading position in the global market, and has adopted effective risk management and internal monitoring systems.

Nexteer has announced its unaudited interim performance for the six months ending on June 30, 2024, with revenue remaining stable at $2.1 billion and gross profit increasing by 10.5% to $210.9 million. The profit for the period was $23.06 million, a decrease of $14.34 million from the same period last year. The profit attributable to equity holders of the company was $15.7 million, a decrease of $18.3 million from the same period last year. The net cash inflow from operating activities was $152.4 million, while the cash outflow for investing activities was $154.6 million and the cash outflow for financing activities was $19.7 million. The board of directors does not recommend the payment of an interim dividend. Mr. Lei Zili, Chairman and CEO of the board, stated that the company will continue to focus on innovation and maintain a leading position in the global market, and has adopted effective risk management and internal monitoring systems.