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西锐(02507.HK)中期利润同比增加约23.6%至3560万美元

West Sharp (02507.HK) mid-term profit increased by approximately 23.6% to 35.6 million US dollars year-on-year.

Gelonghui Finance ·  Aug 27 22:55

On August 27, GeLongHui announced that as of June 30, 2024, the revenue for the six months was 0.475 billion US dollars, an 11.6% year-on-year increase. This was mainly due to the increase in aircraft deliveries, aircraft pricing, and improvement in GeLongHui's services and other revenue sources (including a wide range of services and product experiences, including but not limited to aftermarket parts sales, service sales, warranty sales, training sales of rich ancillary products and services, and revenue from related parties, "GeLongHui Services and Others") to achieve a higher tendency towards profit margins. Profit increased by about 23.6% to approximately 35.6 million US dollars. Earnings per share were 0.11 US dollars.

In the first half of 2024, the company launched the seventh generation (G7) of the SR2X series, which has been the best-selling single-engine piston model aircraft in the world for the past 22 consecutive years. The G7 series introduces many valuable enhancements based on previous generations, including a refreshed interior and upgraded aviation electronic equipment, which are similar to the Vision Jet series, making it the best-selling business jet globally for the past six consecutive years.

Subsequently, the company's total net order volume for SR2X and Vision Jets increased from 255 aircraft for the six months ended June 30, 2023, to 362 aircraft for the six months ended June 30, 2024, a total increase of 107 aircraft. This growth is partially attributed to the launch of the G7 series, as well as the continuation of the product ladder between the two product lines and the development of an ecosystem focused on evolving experiences.

The translation is provided by third-party software.


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