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Impressive Earnings May Not Tell The Whole Story For Brilliance Technology (SZSE:300542)
Is Brilliance Technology Co., Ltd. (SZSE:300542) Trading At A 29% Discount?
Xinchen Technology: Report for the third quarter of 2024
Brilliance Technology (300542.SZ): The net loss in the first three quarters was 17.7369 million yuan.
Gelonghui October 28th | Brilliance Technology (300542.SZ) released the third quarter report for 2024, achieving revenue of 0.673 billion yuan in the first three quarters, a decrease of 20.79% year-on-year; net income attributable to shareholders of the listed company was -17.7369 million yuan; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was -27.5198 million yuan; basic earnings per share was -0.06 yuan.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Brilliance Technology (300542.SZ): Long-term provide customers with high-level information products for cross-border, foreign trade financing, payment settlement, and related regulatory reporting.
Gelonghui, October 14th | Brilliance Technology (300542.SZ) stated on the investor interaction platform that as one of the leading providers of international settlement, trade financing, cross-border foreign exchange payment settlement solutions, the company has long been providing customers with high-level information products for cross-border, foreign trade financing, payment settlement, and related regulatory reporting. With solid and reliable professional technical strength, years of financial information service experience, and forward-looking innovative results closely integrated with business applications, the company efficiently accesses numerous domestic and foreign payment settlement channels, effectively assisting banks in providing convenient related payments for the real economy.
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