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Earnings Miss: Thunder Software Technology Co.,Ltd. Missed EPS By 89% And Analysts Are Revising Their Forecasts
Positive Sentiment Still Eludes Thunder Software Technology Co.,Ltd. (SZSE:300496) Following 25% Share Price Slump
Citi Downgrades Thunder Software Technology to Sell From Buy; Price Target Is 27 Yuan
Zhongke Chuangda: Summary of the 2024 Semi-Annual Report
Zhongke Chuangda: 2024 Semi-Annual Report
Gross margin decreases, research and development investment increases, Thunder Software Technology's net profit in the first half of the year has declined by over 70% year-on-year, interpretations.
In H1 2024, Thunder Software Technology achieved a revenue of 2.401 billion yuan, a decrease of 3.39% year-on-year; net income attributable to the parent company was 0.104 billion yuan, a decrease of 73.1% year-on-year. The slowdown in the smart automobile business is due to the long acceptance cycle of the complete vehicle plant and the untimely delivery of some vehicle models. The company stated that it will continue to explore the global market and continue to invest in innovative applications.
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