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Further Weakness as Jiangsu Huahong Technology (SZSE:002645) Drops 9.4% This Week, Taking Three-year Losses to 63%
Huahong Technology: Report for the third quarter of 2024
Jiangsu Huahong Technology (002645.SZ): The net income for the first three quarters was 2.7254 million yuan, a year-on-year increase of 101.78%.
GeLongHui October 25th | Jiangsu Huahong Technology (002645.SZ) released its third quarter report for 2024, achieving revenue of 4.047 billion yuan in the first three quarters, a year-on-year decrease of 24.57%; net income attributable to shareholders of the listed company was 2.7254 million yuan, a year-on-year increase of 101.78%; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was -83.9917 million yuan; basic earnings per share was 0.0047 yuan.
Jiangsu Huahong Technology Co., Ltd. (SZSE:002645) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
Haitong Securities: The operational quality of the eco-friendly concept industry continues to improve. It is recommended to pay attention to the waste incineration and water affairs sectors.
Due to the macroeconomic recovery falling short of expectations and the downward trend in commodity prices, the eco-friendly industry's revenue and profit in the first half of 2024 are relatively under pressure, with a narrower year-on-year growth rate of cash flow. However, the increasing proportion of net income attributable to shareholders still indicates a continuous improvement in operational quality.
Huahong Technology: 2024 Semi-Annual Report Summary
Market Might Still Lack Some Conviction On Jiangsu Huahong Technology Co., Ltd. (SZSE:002645) Even After 41% Share Price BoostNo Data
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