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Yichang Technology: 2024 Annual Performance Report
Guangzhou Echom Sci.&Tech. Co, (002420.SZ) performance report: Net income for the year 2024 is 94.7233 million yuan, reversing the loss compared to the same period last year.
On February 26, Gelonghui reported that Guangzhou Echom Sci.&Tech. Co., (002420.SZ) announced its 2024 annual performance preliminary report. In 2024, the company achieved a sales revenue of 2.544 billion yuan, an increase of 12.52% compared to the previous year; it achieved a net income attributable to shareholders of the listed company of 94.7233 million yuan, a year-on-year growth of 144.6%, turning a loss into a profit; it achieved a net income attributable to shareholders of the listed company after excluding non-recurring gains and losses of 16.4657 million yuan, a year-on-year increase of 107.49%; the basic EPS was 0.24 yuan. As of the end of the reporting period, the company's total assets were 2369.6307 million yuan, an increase compared to the previous period.
Yichang Technology: 2024 Annual Results Forecast
Guangzhou Echom Sci.&Tech. Co., (002420.SZ): Projected profit for 2024 of 0.08 billion yuan to 0.12 billion yuan.
On January 20, Gelonghui reported that Guangzhou Echom Sci.&Tech. Co. (002420.SZ) announced its annual performance forecast for 2024, expecting a net income of 80 million to 120 million yuan attributable to shareholders of the listed company, turning a profit compared to the previous year; the net income after deducting non-recurring gains and losses is expected to be 15 million to 22 million yuan; and the basic EPS is expected to be 0.20 yuan/share to 0.30 yuan/share. The company is accelerating the development of its autos structural components business while speeding up the development of its New energy Fund and Medical health businesses, leading to revenue growth and profit increase. In 2024, the company's subsidiary Chongqing Yixiang Technology Co., Ltd. is entering bankruptcy.
Guangzhou Echom Sci.&Tech. Co,. (002420.SZ): Increased capital by 80 million yuan for its wholly-owned subsidiary Wuhu Echom.
Gelonghui reported on December 13 that Guangzhou Echom Sci.&Tech. Co. (002420.SZ) announced that to meet the daily operational needs of its subsidiaries, the company convened the sixteenth meeting of the sixth Board of Directors on December 13, 2024, to review and approve the proposal on increasing capital for its wholly-owned subsidiary, Wuhu Echo Technology Co., Ltd. (hereinafter referred to as "Wuhu Echo"). The company plans to increase capital by 80 million yuan using its own funds in cash. After the capital increase is completed, the registered capital of Wuhu Echo will increase from 180 million yuan to 260 million yuan, and Wuhu Echo will remain a wholly-owned subsidiary of the company.
Yichang Technology: Report for the third quarter of 2024
Guangzhou Echom Sci.&Tech.Co.,Ltd (SZSE:002420) Shares Fly 34% But Investors Aren't Buying For Growth
