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Shareholders Shouldn't Be Too Comfortable With Jiangxi Jovo Energy's (SHSE:605090) Strong Earnings
Jiangxi Jovo Energy's Q3 Profit Increases 2%; Revenue Slumps 32%
Third Quarter Report 2024
Jiufeng Energy (605090.SH): The actual controller has promised not to reduce the company's shares within 12 months after they are listed for trading.
Gelonghui October 21st | Jufeng Energy (605090.SH) announced that Mr. Zhang Jianguo, the actual controller of the company, and Ms. Cai Lihong issued a letter on October 21, 2024, stating that they will not reduce their shareholding in the company through the secondary market within 12 months after the listing of the shares. The specific details are as follows: Shares involved: Mr. Zhang Jianguo directly holds 72,631,238 shares of the company; Ms. Cai Lihong directly holds 31,127,678 shares of the company, Guangdong Jufeng Investment Holdings Co., Ltd. (Mr. Zhang Jianguo's shareholding ratio is 91.00%, Ms. Cai Lihong directly
Jiufeng Energy (605090.SH): The net income for the first three quarters was 1.535 billion yuan, a year-on-year increase of 35.69%.
Jiufeng Energy (605090.SH) announced on October 21 that it achieved revenue of 17.048 billion yuan in the first three quarters, a decrease of 12.75% year-on-year; net income attributable to shareholders of the listed company was 1.535 billion yuan, an increase of 35.69% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.208 billion yuan, an increase of 2.23% year-on-year; and earnings per share were 2.47 yuan.
Here's Why Jiangxi Jovo Energy (SHSE:605090) Can Manage Its Debt Responsibly
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