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Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
Why Investors Shouldn't Be Surprised By Guangdong Shenglu Telecommunication Tech. Co., Ltd.'s (SZSE:002446) 29% Share Price Surge
Shenglu Communications: Third Quarter Report 2024
guangdong shenglu telecommunication tech. (002446.SZ) released its performance for the first three quarters, with a net income of 66.46 million yuan, a year-on-year decrease of 59.34%.
guangdong shenglu telecommunication tech (002446.SZ) disclosed the third quarter report of 2024, achieving revenue of 8....
Guangdong Shenglu Telecommunication Tech. (002446.SZ): The net income for the first three quarters was 66.4637 million yuan, a year-on-year decrease of 59.34%.
Shenglu Telecommunication (002446.SZ) announced its third quarter report for 2024 on October 28th. The company achieved revenue of 0.833 billion yuan in the first three quarters, a year-on-year decrease of 14.48%. The net income attributable to shareholders of the listed company was 66.4637 million yuan, a year-on-year decrease of 59.34%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 57.2563 million yuan, a year-on-year decrease of 59.56%; and the basic earnings per share was 0.0700 yuan.
Huawei will hold the global Ultra Broadband Summit Forum next week, with related sectors expected to take advantage of the opportunity.
①The 10th Global Ultra-Broadband Summit will be held in Istanbul, Turkey from October 31 to November 1. The summit is jointly organized by the United Nations Broadband Commission and Huawei. ②Wang Tao, Executive Director of Huawei and Director of the ICT Infrastructure Business Management Committee, stated that upgrading ultra-broadband networks, accelerating the popularization and application of digital technology, will bring about a leap in digital productivity.
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