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YingTong TelecommunicationLtd (SZSE:002861) Shareholders Are up 42% This Past Week, but Still in the Red Over the Last Five Years
Yingtong Communications: 2024 Annual Results Forecast
YingTong Telecommunication (002861.SZ): Expected profit of 12 million yuan to -17 million yuan for the year 2024.
On January 20, Gelonghui reported that YingTong Telecommunication (002861.SZ) announced its performance forecast for the year 2024. The net income attributable to the shareholders of the listed company is expected to be between 12 million yuan and -17 million yuan, a loss of 79.0348 million yuan in the same period last year; the net income after deducting non-recurring gains and losses is expected to be a loss of 72 million yuan to -77 million yuan, compared to a loss of 90.4509 million yuan in the same period last year; the basic EPS is expected to be between 0.06 yuan/share and 0.09 yuan/share. According to preliminary calculations by the finance department, the company expects revenue to increase compared to the same period last year, and net income to turn around.
YingTong Telecommunication (002861.SZ): The first phase of the employee stock ownership plan has completed the sale of stocks.
Glory Hong Kong announced on December 27 that YingTong Telecommunication (002861.SZ) disclosed that as of the announcement date, the company Stocks held by the first phase employee stock ownership plan, totaling 821,200 shares (accounting for 0.44% of the company's total share capital of 186,283,962 shares as of December 20, 2024), have all been sold through centralized bidding in the secondary market. The Assets held by this employee stock ownership plan are now all in the form of MMF, and subsequently, the company will complete the corresponding liquidation and distribution of assets in accordance with relevant laws and regulations as well as the stipulations of the above employee stock ownership plan, and will terminate this employee stock ownership plan as required.
YingTong Telecommunication Co.,Ltd.'s (SZSE:002861) Business Is Yet to Catch Up With Its Share Price
A-shares midday commentary: The Shanghai Composite Index rose by 0.22%, led by the SHANGHAIGUOQI State-owned Enterprise Reform Concept and the CSI Consumer 360 index Sector.
As of the midday break, the Shanghai Composite Index rose by 0.22% to 3430.25 points, the Shenzhen Component Index rose by 0.43%, and the Chinext Price Index rose by 0.08%.
YingTong Telecommunication Co.,Ltd. (SZSE:002861) May Have Run Too Fast Too Soon With Recent 26% Price Plummet