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MeiHua Holdings Group Co.,Ltd (SHSE:600873) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers
Hong Kong stocks fluctuated | FUFENG GROUP (00546) surged nearly 5% to reach a new high at the close. The company has reached a settlement with Meihua Holdings Group. Institutions believe that the future Industry landscape is expected to improve.
FUFENG GROUP (00546) surged nearly 5% in late trading, reaching a high of HKD 6.56, setting a historical high. As of the time of writing, it rose 4.8% to HKD 6.55, with a trading volume of HKD 62.7894 million.
Research Reports mining丨Minsheng Securities: Maintain a "Recommend" rating for Meihua Holdings Group, bullish on the company's future growth potential.
The research report from Minsheng Securities indicates that Meihua Holdings Group (600873.SH) achieved a Net income of 2.74 billion yuan in 2024, a year-on-year decrease of 13.85%. In Q4, the Net income was 0.745 billion yuan, a year-on-year decline of 26.98% but a quarter-on-quarter increase of 42.88%. By leveraging "going overseas" and the power of research, the company embarks on an endless journey into the future. In 2024, the company established an overseas inspection project team to conduct in-depth research on green land investment conditions across five continents. Additionally, the transformation in synthetic biology has significantly improved the metabolic efficiency of new strains, offering high stability and low cost advantages, which has not only increased production efficiency.
MeiHua Logs 25 Billion Yuan Operating Income in 2024
Meihua Biology: Meihua Biotech 2024 Annual Report
Meihua Biology: Summary of Meihua Biotech\'s 2024 Annual Report