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Calculating The Fair Value Of Huida Sanitary Ware Co.,Ltd (SHSE:603385)
Third Quarter Report 2024
Huida Sanitary Ware (603385.SH) released its performance for the first three quarters, with a net income of 93.46 million yuan, turning a loss into profit year-on-year.
Huida Sanitary Ware (603385.SH) disclosed the third quarter report for 2024, achieving revenue of 24...
huida sanitary ware (603385.SH): net income in the first three quarters was 93.4557 million yuan.
Gelonghui October 24th 丨 Huida Sanitary Ware (603385.SH) announced its third quarter report for 2024, with the company's revenue for the first three quarters at 2.475 billion yuan, a 5.97% year-on-year decrease; net income attributable to shareholders of the listed company was 93.4557 million yuan; and basic earnings per share was 0.2448 yuan.
Huida Sanitary Ware (603385.SH): Termination of the first phase of employee stock ownership plan and cancellation of related shares
On September 4th, Gelonhui announced that in order to effectively improve shareholders' investment returns and further convey the company's strong confidence and high recognition of its long-term intrinsic value, enhance the long-term investment value of the company, and strengthen investor confidence, the company has decided to terminate the implementation of the first phase of the employee stock ownership plan and cancel the relevant shares. The termination of this employee stock ownership plan will not have any impact on the company's development strategy, operational planning, financial condition, or business performance.
Huida Sanitary Ware (603385.SH): Natural person Zhang Chunyu intends to acquire 1% of the equity of Huida Zhuogong for 0.4 million yuan.
On September 4, Gelunhui announced that Mr. Zhang Chunyu is a director, executive deputy general manager, and board secretary of the company; Mr. Yang Chun is a director and deputy general manager, both of whom are related natural persons of the company. Therefore, Mr. Zhang Chunyu, a natural person, intends to acquire 1% equity of Hudazu Gong held by Mr. Yang Chun for RMB 0.4 million, and the company's waiver of the preemptive right to the above equity transfer constitutes a related party transaction. After the completion of this transfer, the company's proportion of equity in Hudazu Gong remains unchanged.
The Market Doesn't Like What It Sees From Huida Sanitary Ware Co., Ltd.'s (SHSE:603385) Revenues Yet As Shares Tumble 28%
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