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Some Investors May Be Willing To Look Past Fujian Longking's (SHSE:600388) Soft Earnings
Many Still Looking Away From Fujian Longking Co., Ltd. (SHSE:600388)
fujian longking (600388.SH): Longxiang Yu Industrial's shareholding is proposed to be judicially enforced with a 0.9999% stake.
On October 21, Ge Longhui reported that Fujian Longking (600388.SH) announced that Longxiang Yu Industry intends to be enforced by judicial enforcement through a block trade of 10,810,000 shares (accounting for 0.9999% of the company's total share capital). After this execution, Longxiang Yu Industry and Xintuocheng will collectively hold 77,810,963 shares of the company (accounting for 7.1973% of the company's total share capital). Longxiang Yu Industry is not a controlling shareholder or the largest shareholder of the company, nor is it a concerted actor. This change in shareholding will not change the company's controlling shareholder and actual controller, and will not affect the company's governance structure and operation.
Longking's Q3 Profit Rises 1%; Shares Fall 3%
Third Quarter Report 2024
fujian longking (600388.SH): net income of 0.647 billion yuan in the first three quarters, a year-on-year growth of 0.91%.
On October 18, GeLongHui reported that Fujian Longking (600388.SH) achieved revenue of 6.654 billion yuan in the first three quarters, a year-on-year decrease of 11.64%; net income attributable to shareholders of the listed company was 0.647 billion yuan, a year-on-year increase of 0.91%; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was 0.585 billion yuan, a year-on-year increase of 18.23%; basic earnings per share was 0.6 yuan.
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