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Huali Industrial's H1 Profit Seen Rising Up to 30%; Shares Drop 5%
Huali Industrial Group (SHE:300979) expects to book a net profit attributable to shareholders of between 1.75 billion yuan and 1.89 billion yuan in the first half of the year, climbing up to 30%
Ping An Securities: The period of reversing the repair of the sports outdoor track, suggest focusing on two investment themes.
Ping An Securities recommends allocating high-quality core assets in the sports and outdoor racing track, especially leading hakuba stocks with bottom reversal difficulties.
Express News | Huali Industrial Sees H1 Net Profit up 20-30% Y/Y
Huali Industrial Group: 2024 Interim Performance Forecast
Huali Group (300979.SZ): The new factory in Indonesia that started production in the first half of the year has already started shipping.
On July 12th, GeLonghui reported that Huali Group (300979.SZ) disclosed an investor relationship activity record, showing that the new Indonesian factory that will start production in the first half of 2024 has begun shipping. Currently, the operational control indicators for the Indonesian factory have not been introduced. After the Indonesian factory has been in operation for some time, a comparison will be made between shoes of the same style produced in Vietnam and Indonesia to see if there is a large difference, and to explore improvement solutions.
Huali Group (300979.SZ): The company basically controls the capacity utilization rate at 85% or above.
On July 12th, Geelonghui disclosed the investor relations event log of Huali Group (300979.SZ), which showed that the company's production capacity will have some elasticity and the company will basically control the capacity utilization rate above 85%. At present, the production scheduling of various factories in the group is relatively tight, and the employees' overtime hours will also be higher than last year. The factory's production capacity utilization rate is higher than last year, and the specific data will be disclosed in the semi-annual report.
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