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Tongkun Issues 500 Million Yuan of Ultra-Short-Term Bonds
Announcement of Tungkun Group Co., Ltd.'s half-year performance forecast for 2024.
Express News | Tongkun Group Sees H1 Net Profit up 849.4-991.8% Y/Y
Tongkun Group (601233.SH): It is expected that the net income for the first half of the year will increase by 849.4% year-on-year to 991.81%.
Tongkun Group (601233.SH) announced on July 12 that according to the preliminary calculation of the company's financial department, it is expected to achieve a net income of 1 to 1.15 billion yuan attributable to shareholders of the listed company in the first half of 2024, a year-on-year increase of 849.40% to 991.81%. The company is expected to achieve a net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of 0.85 billion to 1 billion yuan in the first half of 2024, a year-on-year increase of 2,186.62% to 2,554.85%. In the first half of 2024, downstream demand for polyester filament industry will continue to grow as China maintains its stable economic policies.
Guolian Securities: Tight balance of upstream petroleum resources, slow recovery of downstream demand.
Expected oil prices will continue to be maintained at a relatively high level, supported by the fundamentals.
Is Tongkun Group Co., Ltd. (SHSE:601233) Worth CN¥15.1 Based On Its Intrinsic Value?
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