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PhiChem Corporation (300398.SZ): Expected net income to grow by 83.66%-138.76% year-on-year in 2024.
According to Gelonghui on January 23, PhiChem Corporation (300398.SZ) announced that it expects a Net income of 206.3464 million yuan to -268.2503 million yuan in 2024, an increase of 83.66% to 138.76% compared to the same period last year. The Non-net income is expected to be 199.5439 million yuan to -261.4478 million yuan, an increase of 298.89% to 422.64% compared to the same period last year. First, benefiting from the strong recovery of downstream demand in the Global integrated circuit Semiconductors and display market, the demand for domestic Semiconductor packaging and display materials has steadily increased, and the company relies on its differentiated features.
Feikai Materials: 2024 Annual Results Forecast
Is PhiChem Corporation's (SZSE:300398) Recent Price Movement Underpinned By Its Weak Fundamentals?
PhiChem Corporation (300398.SZ): plans to use the funds raised to increase the capital of Hecheng Display.
On January 6, Gelonghui announced that PhiChem Corporation (300398.SZ) convened the nineteenth meeting of the fifth Board of Directors and the seventeenth meeting of the fifth Supervisory Board on January 6, 2025. They deliberated and approved the proposal regarding the use of fundraising-related debt to increase capital for a wholly-owned subsidiary, Jiangsu Hecheng Display Technology Co., Ltd. (referred to as "Hecheng Display"). The company agreed to use the debt formed from raised funds amounting to 199.8909 million yuan to increase capital for Hecheng Display, aimed at constructing the "Jiangsu Hecheng Annual Production of 280 Tons New Liquid Crystal Materials Mixing and R&D Center Construction Project", with the entire capital increase amount accounted for.
PhiChem Corporation (300398.SZ): intends to sell 100% equity of Daili Technology.
On January 6th, Glonghui reported that PhiChem Corporation (300398.SZ) announced its intention to sell 100% equity of its wholly-owned subsidiary, Darius Technology Co., Ltd. (referred to as "Darius Technology" or "symbol company"), to Shengmao Technology Co., Ltd. (abbreviated as "Shengmao Technology"). After the completion of the equity transfer, the company will no longer hold equity in Darius Technology. The total equity transfer price is 0.2275 billion yuan.
PhiChem Corporation (300398.SZ) will distribute 0.3 yuan for every 10 shares, with the equity registration date set for December 26.
PhiChem Corporation (300398.SZ) has announced that the company will implement a mid-term distribution of equity in 2024, with every 10 shares...
Capital Allocation Trends At PhiChem (SZSE:300398) Aren't Ideal
