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Improved Revenues Required Before Hillstone Networks Co.,Ltd. (SHSE:688030) Stock's 27% Jump Looks Justified
Hillstone Networks Co.,Ltd.'s (SHSE:688030) Biggest Owners Are Individual Investors Who Got Richer After Stock Soared 18% Last Week
Hillstone Networks Co., Ltd. (688030.SH): The shareholding plan of Yuanhe Zhongyuan and Guochuang Kaiyuan has been fully implemented.
On February 7th, Gelonghui reported that Hillstone Networks Co., Ltd. (688030.SH) announced that it recently received notification letters from Yuanhe Zhongyuan and Guochuang Kaiyuan regarding the Shareholding reduction results. As of February 7, 2025, Yuanhe Zhongyuan has reduced its shares in the company by a total of 1,689,222 shares through centralized bidding, accounting for approximately 0.94% of the company's total share capital; Guochuang Kaiyuan has reduced its shares in the company by a total of 1,796,894 shares through centralized bidding, accounting for approximately 0.997% of the company's total share capital. The time Range for this Shareholding reduction plan has expired.
2024 Annual Results Forecast
Hillstone Networks Co., Ltd. (688030.SH): Expected net loss in 2024 is between 0.12 billion yuan and -0.145 billion yuan.
Globe News reported on January 17th that Hillstone Networks Co., Ltd. (688030.SH) announced that 1. According to preliminary estimates by the finance department, the company expects to achieve revenue of 0.97 billion to 1.02 billion yuan in 2024, a year-on-year growth of 7.65% to 13.20%. 2. According to preliminary estimates by the finance department, the estimated net income attributable to the parent company's owners for 2024 is expected to be -145 million to -120 million yuan, a decrease in losses compared to the same period last year by 94.8115 million to 119.8115 million yuan, representing a year-on-year reduction in losses of 39.54% to 49.96%. 3. According to
Hillstone NetworksLtd (SHSE:688030 Investor Five-year Losses Grow to 69% as the Stock Sheds CN¥461m This Past Week
It's Down 27% But Hillstone Networks Co.,Ltd. (SHSE:688030) Could Be Riskier Than It Looks
