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Fenglong Co., Ltd.: 2024 Annual Results Forecast
Zhejiang Fenglong Electric (002931.SZ): Expected profit of 4 million to -6 million yuan in 2024, a year-on-year turnaround from losses.
On January 23, Golonghui reported that Zhejiang Fenglong Electric (002931.SZ) announced its annual performance forecast for 2024, expecting a net income attributable to shareholders of the listed company of 4 million yuan to 6 million yuan, turning a profit compared to the previous year; net income after deducting non-recurring gains and losses is expected to be 2.8 million yuan to 4.2 million yuan; EPS is expected to be 0.02 yuan/share to 0.03 yuan/share. The company's business in the Machinery Sector has recovered, with a significant increase in revenue; the company is strengthening cost and expense control, continuously deepening cost reduction and efficiency enhancement to improve production and operational efficiency.
Zhejiang Fenglong Electric (002931.SZ): The first phase of the employee stock ownership plan shares have been fully sold.
Gelonghui, January 7 - Zhejiang Fenglong Electric (002931.SZ) announced that between November 14, 2023, and January 7, 2025, all 3,180,077 shares of the company's stocks held by the first phase of the employee stock ownership plan have been completely sold through centralized bidding trading, accounting for 1.55% of the company's current total share capital.
Zhejiang Fenglong Electric (SZSE:002931) Pops 16% This Week, Taking Five-year Gains to 34%
Fenglong Co., Ltd.: Report for the third quarter of 2024
Zhejiang Fenglong Electric (002931.SZ): net income of 1.1856 million yuan in the first three quarters, a year-on-year decrease of 75.60%.
On October 30, Golonghui announced its third quarter report for the year 2024. The company achieved revenue of 0.341 billion yuan in the first three quarters, a year-on-year increase of 7.15%; net income attributable to the shareholders of the listed company was 1.1856 million yuan, a year-on-year decrease of 75.60%; net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 0.6394 million yuan, a year-on-year increase of 101.86%; and basic earnings per share was 0.01 yuan.
There's Reason For Concern Over Zhejiang Fenglong Electric Co., Ltd.'s (SZSE:002931) Massive 30% Price Jump