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There's No Escaping Silvery Dragon Prestressed Materials Co.,LTD Tianjin's (SHSE:603969) Muted Earnings Despite A 27% Share Price Rise
Silvery Dragon Prestressed Materials (603969.SH): As of September 30, 2024, the sales volume of ultra-high-strength steel strand has increased by 810.08% compared to the same period last year.
On December 13, Gelonghui reported that Silvery Dragon Prestressed Materials (603969.SH) stated during a performance briefing that the self-developed 1*7-15.2mm, 2200-2400MPa ultra-high-strength steel strands for concrete are mainly used in double-track ballastless simple beams for high-speed rail with a speed of 350 kilometers per hour. Currently, the 2200MPa ultra-high-strength steel strands have partially replaced the 1860MPa prestressed steel strands in some railroad constructions, including the Jinwei High-speed Rail, Xiongshang High-speed Rail, Xiongxin High-speed Rail, and Xiyu High-speed Rail. As of September 30, 2024, the company's sales volume of ultra-high-strength steel strands has increased compared to last year.
Silvery dragon prestressed materials (603969.SH): has not yet been involved in research and business related to carbon-based chips.
Gelonghui reported on November 29th that silvery dragon prestressed materials (603969.SH) stated on the interactive platform that its holding subsidiary, the Carbon Research Institute, is dedicated to collaborating with relevant entities to advance the research and development of high-speed rail powder alloy braking systems with speeds of 300-350 kilometers per hour. Currently, there is no involvement in research and business related to carbon-based chips. The company will promptly follow up on research and development progress, and if there is progress on relevant projects, it will fulfill information disclosure obligations according to regulations.
Do Its Financials Have Any Role To Play In Driving Silvery Dragon Prestressed Materials Co.,LTD Tianjin's (SHSE:603969) Stock Up Recently?
Tianjin Yinlong Prestressed Material Co., Ltd. Report for the Third Quarter of 2024
Silvery Dragon Prestressed Materials (603969.SH) released its performance for the first three quarters, with a net income of 0.169 billion yuan, a year-on-year increase of 42.81%.
Silvery Dragon Prestressed Materials (603969.SH) disclosed its third-quarter report for 2024, achieving a revenue of 22...