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0.00456621004566221 0.041095890410959 0.0319634703196348 0.0319634703196348 0.118721461187215 0.132420091324201 0.132420091324201 0.187214611872146
Stock impact report

Greenland Reports 99.7% YoY Increase in 2Q 2024 Net Income [Yahoo! Finance]

Greenland Technologies Holding Corporation - Ordinary Shares (GTEC) 
Company Research Source: Yahoo! Finance
Terminates Planned Spin off its Drivetrain Systems Segment EAST WINDSOR, N.J. Aug. 15, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) (" Greenland " or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024 Raymond Wang , Chief Executive Officer of Greenland , said, "We achieved a near 100% increase net income in the second quarter of 2024 compared to the year ago period, demonstrating the considerable scalability in our business and the momentum we are building. Our continued focus on expanding growth of our higher profit, higher return on investment opportunities is clearly paying off, which we expect to accelerate as we move forward. We are also strategically expanding our partner ecosystem to make it easier for customers to purchase and o Show less Read more
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