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Earnings Update: Here's Why Analysts Just Lifted Their Zhejiang Weixing Industrial Development Co., Ltd. (SZSE:002003) Price Target To CN¥14.46
Weixing Co., Ltd.: Report for the third quarter of 2024
Zhejiang Weixing Industrial Development (002003.SZ) released its performance for the first three quarters, with net income of 0.624 billion yuan, a year-on-year increase of 17.15%.
zhejiang weixing industrial development (002003.SZ) released the third quarter report for 2024, achieving revenue in the first three quarters...
Zhejiang Weixing Industrial Development Co., Ltd.'s (SZSE:002003) Stock Has Fared Decently: Is the Market Following Strong Financials?
zhejiang weixing industrial development (002003.SZ): Order visibility is relatively low
Geluonghui September 30th | Zhejiang Weixing Industrial Development (002003.SZ) accepted a specific survey on September 27, 2024, regarding "How long is the company's order visibility?", The company stated that due to the general production cycle of the company's products being 3-15 days, overall, the order visibility is relatively low.
Zhejiang Weixing Industrial Development (002003.SZ): Limited actual orders received in Vietnam this year, it is expected to incur certain losses for the whole year.
Weixing Co., Ltd. (002003.SZ) held a conference call on September 18, 2024 to discuss "How to anticipate the performance of the Vietnam Industrial Park this year?" The company stated that the Vietnam Industrial Park was just completed and put into operation in March of this year, so it is currently mainly focused on customer factory inspections, process optimization, and employee training. Therefore, the actual orders in Vietnam this year are limited, and it is expected to suffer a certain loss for the whole year.
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