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Quectel Wireless Solutions Forecasts 495% Jump in 2024 Profit; Shares Fall 6%
Yiyuan Communications: 2024 Annual Results Forecast
2024 Annual Results Forecast
Quectel Wireless Solutions (603236.SH): The net profit for 2024 is expected to increase by approximately 495.33%.
On January 22, Gelonghui reported that Quectel Wireless Solutions (603236.SH) announced its annual performance forecast for 2024. According to preliminary calculations by the financial department, it is expected that the net income attributable to shareholders of the parent company will be around 540 million yuan in 2024, which is an increase of approximately 449.2939 million yuan compared to the same period last year, representing a year-on-year growth of about 495.33%. It is estimated that the net income attributable to shareholders of the parent company, excluding non-recurring gains and losses, will be around 482 million yuan in 2024, with an expected increase of about 476.3309 million yuan, and a year-on-year growth of approximately 8.40.
At CN¥90.18, Is Quectel Wireless Solutions Co., Ltd. (SHSE:603236) Worth Looking At Closely?
Quectel Wireless Solutions (603236.SH): Cellular communication modules applied in the field of robotic dogs have been mass-produced.
On January 14th, Gelonghui reported that Quectel Wireless Solutions (603236.SH) stated on the interactive platform that its cellular communication modules for robotic dog applications have been mass-produced. Additionally, the company is developing Asia Vets modules, controller products, and relevant visual technologies, which are being applied in products from leading companies in the bipedal/quadrupedal intelligent robot, smart lawn mower, and multimodal robot industries. The range of robotic products includes home personal, Professional Services, and Industrial Intelligence sectors, providing comprehensive technical validation, Hardware setup, technology integration, and system development support services to customers.