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Fujian Kuncai Material Technology Co., Ltd.'s (SHSE:603826) Share Price Matching Investor Opinion
2024 Annual Results Pre-Reduction Announcement
Fujian Kuncai Material Technology (603826.SH): It is expected that the net income in 2024 will decline by 46.39% to 64.26% year-on-year.
Gelonghui reported on January 17 that Fujian Kuncai Material Technology (603826.SH) announced that 1. According to preliminary estimates by the company's financial department, it is expected that in 2024, the Net income attributable to the shareholders of the listed company will be between 30 million yuan and 45 million yuan, a decrease of 38.9416 million yuan to 53.9416 million yuan compared to the same period last year, which was 83.9416 million yuan, representing a year-on-year decline of 46.39% to 64.26%. 2. The company's financial department also preliminarily estimates that in 2024, the Net income attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, will be between 15 million yuan and 3,0.
Returns On Capital Signal Tricky Times Ahead For Fujian Kuncai Material Technology (SHSE:603826)
Fujian Kuncai Material Technology (603826.SH): has developed various types of Titanium dioxide products for coating grade, Plastics grade, and more.
Gelonghui reported on December 26 that Fujian Kuncai Material Technology (603826.SH) stated on the investor interaction platform that Titanium dioxide is widely used in fields such as coatings, Plastics, Papermaking, inks, chemical fibers, Rubbers, and Cosmetics. Currently, the company has developed various models of Titanium dioxide products for coating and plastic grades. The company insists on being guided by market demand trends and led by innovation for development. With the establishment of new production capacity, the company will continuously utilize new technologies and new processes to develop more products for new application fields based on downstream applications and customer needs, enriching the product series and varieties.
The Five-year Decline in Earnings Might Be Taking Its Toll on Fujian Kuncai Material Technology (SHSE:603826) Shareholders as Stock Falls 3.7% Over the Past Week