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Is FriendLtd (SHSE:605050) Using Too Much Debt?
Friend Co., Ltd. (605050.SH): It is expected that in the fourth quarter of 2024, the prices of upstream raw material steel will be relatively stable.
Gelonghui Nov. 20 | Friend Co., Ltd. (605050.SH) stated at the performance briefing that: (1) In the third quarter of 2024, compared to the second quarter of 2024, there was a certain growth in performance. The main reason for this is the good price trend of automotive sheet metal raw materials and terminal customer orders in the third quarter of 2024, leading to an increase in the company's gross profit from end-user sales. At the same time, the inventory sales at the end of the second quarter turned from loss to profit, achieving some performance growth in the third quarter of 2024 compared to the second quarter of 2024. (2) It is expected that in the fourth quarter of 2024, the company's upstream raw material steel
FriendLtd's (SHSE:605050) Shareholders Have More To Worry About Than Only Soft Earnings
Furander: Furander Co., Ltd. Third Quarter Report 2024
Furander Co., Ltd. Third Quarter Report 2024
friend co.,ltd. (605050.SH): The net income in the first three quarters was 0.202 billion yuan, a 31.26% year-on-year decrease.
GeLongHui October 30th | Friend Co., Ltd. (605050.SH) announced that in the first three quarters of 2024, revenue was 7.838 billion yuan, an increase of 12.54% year-on-year; net income attributable to shareholders of the listed company was 0.202 billion yuan, a decrease of 31.26% year-on-year, with basic earnings per share of 0.41 yuan.
Be Wary Of FriendLtd (SHSE:605050) And Its Returns On Capital
