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Zhejiang Zhaolong Interconnect TechnologyLtd (SZSE:300913) Might Be Having Difficulty Using Its Capital Effectively
Are Robust Financials Driving The Recent Rally In Zhejiang Zhaolong Interconnect Technology Co.,Ltd.'s (SZSE:300913) Stock?
Zhaolong Interconnect: Report for the third quarter of 2024
Zhejiang Zhaolong Interconnect Technology (300913.SZ): The net income in the first three quarters was 89.8507 million yuan, an increase of 28.05% year-on-year.
Gelonghui October 29th ǀ Zhejiang Zhaolong Interconnect Technology (300913.SZ) announced the third quarter report for 2024, achieving revenue of 1.34 billion yuan in the first three quarters, a year-on-year growth of 17.11%; the net income attributable to shareholders of the listed company was 89.8507 million yuan, a year-on-year increase of 28.05%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 69.387 million yuan, a year-on-year increase of 15.04%; basic earnings per share was 0.35 yuan.
Zhejiang Zhaolong Interconnect Technology (300913.SZ): Currently, the high-speed product production line has met the requirements for producing high-speed cables and connecting products with transmission rates of up to 800G and below.
Gelonghui, September 11th | Zhejiang Zhaolong Interconnect (300913.SZ) stated on the investor interaction platform that the company's 224G high-speed cable product is currently in the validation stage, and the component product is being further developed. At present, the high-speed product production line has met the requirements for producing transmission speeds of up to 800G and below for high-speed cables and interconnect products.
Zhejiang Zhaolong Interconnect Technology (300913.SZ): mainly engaged in the design and manufacture of data cables, special cables, and connectivity products.
Gelonghui September 9th: Zhejiang Zhaolong Interconnect Technology (300913.SZ) stated on the investor interaction platform that the company is mainly engaged in the design and manufacturing of data cables, special cables, and connectivity products. The company has a full set of independent design capabilities for high-speed connectivity products inside and outside servers, including PCBA, wire-to-board connectors, and has accumulated deep technical expertise in signal simulation, structural design, mold design, and other fields.
Is Zhejiang Zhaolong Interconnect Technology Co.,Ltd.'s (SZSE:300913) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
