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Xianhe Co., Ltd.: Advance announcement of the 2024 annual results increase of Xianhe Co., Ltd.
Announcement of the 2024 annual results advance increase of Xianhe Co., Ltd.
Xianhe Co., Ltd. (603733.SH): The net income for 2024 is expected to increase by 50.65% to 62.70%.
Gelonghui, January 23 - Xianhe Co., Ltd. (603733.SH) announced that it expects a significant increase in its annual performance for 2024. The estimated net income attributable to the owners of the parent company is expected to be between 1,000 million yuan and 1,080 million yuan, representing an increase of 336.2072 million yuan to 416.2072 million yuan compared to the same period last year (statutory disclosure data), which corresponds to a year-on-year increase of 50.65% to 62.70%. The company expects the net income attributable to the owners of the parent company after deducting non-recurring gains and losses to be between 900 million yuan and 980 million yuan.
China Galaxy Securities: The papermaking industry is at the bottom of the recovery cycle, pay attention to the performance of downstream demand.
The current state of the Papermaking industry is recovering from the bottom. There is a reduction in the supply of pulp and paper, while demand for recycled paper is warming up during the peak season. Price increase notices are continuously being implemented, resulting in price hikes.
Is Xianhe Co.,Ltd.'s (SHSE:603733) 14% ROE Better Than Average?
Xianhe Co.,Ltd. (603733.SH): Currently in full production capacity, with strong product demand.
On December 31, Gelonghui stated that Xianhe Co., Ltd. (603733.SH) is currently operating at full production capacity, with strong product demand and sufficient Orders, and all production and Operation activities are normal. To ensure that market demand can continuously be met, the company has arranged for production to continue during the Spring Festival. The company has been dedicated to enhancing its core competitiveness through continuous innovation and optimization of management, ensuring it can meet the ever-changing market demands and maintain a stable growth trend. At the same time, the company will closely monitor Industry development trends and customer needs, continuously adjusting and optimizing its product structure to maintain the company's market position.
Is It Too Late To Consider Buying Xianhe Co.,Ltd. (SHSE:603733)?
