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Zhejiang Taihua New Material Group's (SHSE:603055) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Taihua New Materials: Zhejiang Taihua New Materials Group Co., Ltd. 2024 Annual Results Advance Announcement
Zhejiang Taihua New Materials Group Co., Ltd. 2024 Annual Results Advance Notice
Zhe Jiang Taihua New Material (603055.SH): Net profit for 2024 is expected to increase by 55.86% to 69.22%.
On January 22, Gelonghui reported that Zhe Jiang Taihua New Material (603055.SH) announced a performance forecast for the year 2024, expecting a net income attributable to the parent company owners to reach 700 million to 760 million yuan, an increase of 55.86% to 69.22% year-on-year. It is expected that the net income attributable to the parent company owners, after deducting non-recurring gains and losses, will be between 570 million and 630 million yuan, an increase of 56.71% to 73.21% year-on-year. During the reporting period, the company insisted on the transformation of the Industry Chain into a Value Chain.
Guosen: The terminal demand for textile manufacturing is weakly recovering. Focus on companies that are improving their production capacity layout.
The current optimization of brand inventory has led to a rebound in sector orders and improved capacity utilization, driving many companies to achieve better-than-expected performance.
The Recent CN¥416m Market Cap Decrease Is Likely to Have Disappointed Insiders Invested in Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055)
Capital Allocation Trends At Zhejiang Taihua New MaterialLtd (SHSE:603055) Aren't Ideal
