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Solid Earnings May Not Tell The Whole Story For Zhejiang Fengmao Technology (SZSE:301459)
Fengmao Co., Ltd.: Report for the third quarter of 2024
Fengmao Co., Ltd. (301459.SZ): The net income in the first three quarters was 0.118 billion yuan, a year-on-year increase of 1.65%.
Glassnet reported its 2024 third-quarter results on October 28. The company achieved a revenue of 0.67 billion yuan in the first three quarters, a year-on-year increase of 10.88%; the net income attributable to shareholders of the listed company was 0.118 billion yuan, a year-on-year increase of 1.65%; the net income attributable to shareholders of the listed company excluding non-recurring gains and losses was 0.104 billion yuan, a year-on-year increase of 0.04%; and the basic earnings per share was 1.47 yuan.
Fengmao Group (301459.SZ): The company's air spring products are currently in the small batch order delivery stage.
On October 14, Fengmao shares (301459.SZ) stated on the investor interaction platform that the company's air spring products are currently in the stage of small-batch order delivery. Due to commercial confidentiality, the company is currently unable to disclose the names of customers.
Are Robust Financials Driving The Recent Rally In Zhejiang Fengmao Technology Co., Ltd.'s (SZSE:301459) Stock?
Fengmao Co., Ltd.: 2024 Semi-Annual Report
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