Caitong Securities: Quanfeng Holdings is expected to have a net income of $60-65 million in the first half of 2024, and the rating is maintained as "shareholding".

Caitong Securities has released a research report stating that it maintains a "shareholding" rating for Quanfeng Holdings (02285) and predicts that the company will achieve revenue of US $1.53/1.75/1.96 billion and a net income attributable to shareholders of $0.09/0.13/0.15 billion in 2024-2026. As a leading brand in lithium-ion lawnmowers, the company benefits first from channel replenishment and is expected to benefit from mid-to-high price consumer demand driven by interest rate reduction in the future. The sustained performance recovery is strong. Event: The company announces a positive profit forecast. The company expects a net profit of 60-65 million US dollars in the first half of 2024, with a year-on-year growth rate of 22-33% (net profit for the same period in 2023).

新浪港股Jul 18 04:01 ET

Caitong Securities (601108.SH) will distribute 0.1 yuan per share in 2023. The share registration date is June 6

Caitong Securities (601108.SH) announced that the company will implement the 2023 annual equity distribution, distributed per share...

Zhitong FinanceMay 31 05:30 ET

Caitong Securities (601108.SH) dismisses Shangrao Longtan Road Securities Sales Department

Caitong Securities (601108.SH) issued an announcement. In order to further optimize the layout of the network, the company decided to cancel Longtan in Shangrao...

Zhitong FinanceMay 31 05:29 ET

Caitong Securities Co.,Ltd.'s (SHSE:601108) Last Week's 3.6% Decline Must Have Disappointed Retail Investors Who Have a Significant Stake

Simply Wall StMay 25 22:15 ET

Insufficient Growth At Caitong Securities Co.,Ltd. (SHSE:601108) Hampers Share Price

Simply Wall StApr 18 20:20 ET

Caitong Securities Co.,Ltd. (SHSE:601108) Stock Most Popular Amongst Individual Investors Who Own 52%, While Private Equity Firms Hold 29%

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