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Will Weakness in Hangzhou Huawang New Material Technology Co.,Ltd.'s (SHSE:605377) Stock Prove Temporary Given Strong Fundamentals?
Huawang Technology: Hangzhou Huawang New Material Technology Co., Ltd. 2024 Third Quarter Report
Hangzhou Huawang New Material Technology Co., Ltd. Report for the Third Quarter of 2024
hangzhou huawang new material technology (605377.SH) released its performance for the first three quarters, with a net income of 0.409 billion yuan, a year-on-year increase of 2.94%.
hangzhou huawang new material technology (605377.SH) disclosed its third quarter report for 2024, achieving revenue of 28...
Hangzhou Huawang New Material Technology (605377.SH): The net income for the first three quarters was 0.409 billion yuan, a year-on-year increase of 2.94%.
On October 28, Gelonhui Hangzhou Huawang New Material Technology (605377.SH) announced its third quarter report for 2024, with the company's revenue for the first three quarters of the year being 2.851 billion yuan, a decrease of 4.45% year-on-year; net income attributable to shareholders of the listed company was 0.409 billion yuan, an increase of 2.94% year-on-year; and the basic earnings per share were 0.88 yuan.
CITIC Securities: The contradiction between supply and demand in the pulp and paper industry continues to be under pressure, with prices continuously declining.
Currently, the demand side of the pulp and paper industry is weak, coupled with concentrated capacity release, the supply-demand contradiction continues to be under pressure, and prices continue to decline.
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