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Shenzhen Topband (002139.SZ): Currently has up to 20% of production capacity overseas.
Topband (002139.SZ) recently stated during a reception for institutional investors that currently, less than 20% of its production capacity is overseas. In the future, production capacity may be increased appropriately depending on business developments, but the primary production capacity will remain in China. The Vietnam facility has reached a mature production stage with high utilization rates and relatively good profitability. The India facility hasn't reached full production levels yet, but it is in the process of ramping up and steadily improving production. The Mexico and Romania facilities are in a production ramp-up phase and profitability will continue to improve after reaching scale production.
Shenzhen Topband (002139.SZ): Currently, raw material prices and supply are stable with no significant price increases.
During a recent reception to institutional investors, Shenzhen Topband (002139.SZ) stated that currently raw material prices and supplies are stable, and there has been no significant price increase. There have been minor fluctuations in PCB and other materials related to bulk materials. However, the proportion of single-category raw materials in the total cost is not high. The company lowers the impact through domestic substitution in independent research and development of products, while ensuring product quality and effectively reducing costs. At present, its impact on the company is limited.
Is Shenzhen Topband Co., Ltd.'s (SZSE:002139) Latest Stock Performance A Reflection Of Its Financial Health?
Most readers would already be aware that Shenzhen Topband's (SZSE:002139) stock increased significantly by 18% over the past three months. Given that the market rewards strong financials in the long
Shenzhen Topband's H1 Profit to Jump Up to 60%
Chinese battery maker Shenzhen Topband (SHE:002139) expects to record a net profit attributable to shareholders of between 361.3 million yuan and 412.9 million yuan in the first half of the year, jump
Shenzhen Topband: 2024 Interim Performance Forecast
Shenzhen Topband (002139.SZ) announced a profit increase, with an expected net income of 361 million yuan to 413 million yuan in the first half of the year, a year-on-year increase of 40% to 60%.
ZhITong Finance APP News, Shenzhen Topband (002139.SZ) released its 2024 interim performance forecast, with an expected net income attributable to shareholders of the listed company of CNY 361 million to CNY 413 million, a year-on-year increase of 40% to 60%; expected net profit after deducting non-recurring gains and losses of CNY 356 million to CNY 407 million, a year-on-year increase of 40% to 60%. Basic earnings per share were between CNY 0.29/share to CNY 0.33 per share. In the first half of 2024, as the industry recovers, the company's leading customer market share and high-value products continue to increase, achieving double growth in revenue and profit. There has been a demand for appliances and tools.
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