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Weak Statutory Earnings May Not Tell The Whole Story For Fuda Alloy MaterialsLtd (SHSE:603045)
Third Quarter Report 2024
Fuda Alloy Materials (603045.SH) released its performance for the first three quarters, with a net income of 41.57 million yuan, a year-on-year increase of 23.92%.
Fuda Alloy Materials (603045.SH) disclosed its third quarter report for 2024, achieving revenue of 26...
Fuda Alloy Materials (603045.SH): The net income for the first three quarters was 41.5685 million yuan, an increase of 23.92% year-on-year.
Gelonghui October 29th | Fuda Alloy Materials (603045.SH) announced that in the first three quarters of 2024, the revenue reached 2.689 billion yuan, an increase of 38.22% year-on-year; the net income attributable to shareholders of the listed company was 41.5685 million yuan, an increase of 23.92% year-on-year; and the basic earnings per share was 0.3069 yuan.
fuda alloy materials (603045.SH): Supervisor Wang Pei increased shareholding of 3000 shares of the company.
On October 8, Gelunhui reported that Fuda Alloy Materials (603045.SH) announced that on September 27, 2024, Mr. Wang Pei, a supervisor of the company, increased his shareholding by 3,000 shares through the secondary market with his own funds.
Fuda Alloy Materials (603045.SH): Currently, the orders are relatively abundant.
Fuda Alloy (603045.SH) stated during its performance briefing that after years of development, the company's business covers multiple market segments ranging from low-end to high-end, and has a significant advantage in terms of customer structure and quantity. The company's customers are widely distributed in domestic and international markets, including Asia and Europe. The main high-end customers in China include Zhejiang Chint Electrics, Delixi, Hongfa Technology, Liangxin Electrical, and Jiangsu Olive Sensors High-tech. The main international customers include Schneider, ABB, Omron, and Techno, which are well-known electrical and electronic companies. With 30 years of experience in the field of electrical contact materials, the company has a high level of product recognition.
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