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Wasion Holdings Limited's (HKG:3393) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
CICC: Maintains a "Outperform Industry" rating on WASION HOLDINGS (03393) with the Target Price raised to HKD 9.8.
CICC is Bullish on Weisheng's rapid breakthrough in power distribution overseas by following domestic major clients and international leading enterprises.
Announcement Highlights | "Flash" placement! NIO plans to issue no more than 0.119 billion shares; Semiconductor Manufacturing International Corporation's revenue is expected to grow nearly 28% year-on-year in 2024.
CNOOC's net profit in 2024 exceeds 130 billion yuan; New China Life Insurance's annual profit increased approximately twofold year-on-year.
Wasion Holdings Declares Final Dividend for 2024
Wasion's 2024 Profit Jumps 35%; Shares Rise 3%
WACION HOLDINGS (03393.HK) reported a 35% increase in net profit for the fiscal year 2024 to 0.706 billion yuan, with a final dividend of 0.38 Hong Kong dollars.
On March 27, GLONGHUI announced that WASION HOLDINGS (03393.HK) released its annual performance results for the year ending December 31, 2024, with a revenue of 8.717 billion yuan, an increase of 20%. Gross profit increased by 18% to 3.035 billion yuan, and the overall gross margin for 2024 was 34.8%. The net profit attributable to shareholders increased by 35% to 0.706 billion yuan. The basic earnings per share for the year was 71.4 cents. The Board of Directors proposed a final dividend of 0.38 Hong Kong dollars per share. During the year, the revenue from the electric AMI business was 3.199 billion yuan, compared to 2023.
Wasion Holdings Limited's (HKG:3393) 35% Jump Shows Its Popularity With Investors
