-+ 0.00%
-+ 0.00%
-+ 0.00%
ST Xingnong said at the 2026 semi-annual and third quarter results briefing that the company's agricultural machinery business will no longer blindly pursue sales scale, moderately control the shipment of low-margin models, focus on high-value-added products, increase the proportion of advance accounts receivable, control accounts receivable, and speed up the return of capital; at the same time, rely on existing production capacity to accept external orders and share fixed manufacturing costs; the fuel pump business will increase sales scale and moderately increase domestic share; the special purpose vehicle business will carefully accept orders, prefer projects with controlled gross profit and payback, and reduce idle production capacity costs.
Share
Listen to the news
ST Xingnong said at the 2026 semi-annual and third quarter results briefing that the company's agricultural machinery business will no longer blindly pursue sales scale, moderately control the shipment of low-margin models, focus on high-value-added products, increase the proportion of advance accounts receivable, control accounts receivable, and speed up the return of capital; at the same time, rely on existing production capacity to accept external orders and share fixed manufacturing costs; the fuel pump business will increase sales scale and moderately increase domestic share; the special purpose vehicle business will carefully accept orders, prefer projects with controlled gross profit and payback, and reduce idle production capacity costs.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending