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Yingke Renewable: Inke Renewable Resources Co., Ltd. 2024 Annual Results Advance Announcement
Yingke Renewable Resources Co., Ltd. 2024 Annual Results Advance Announcement
The growth rate of decorative building materials products is significant, and Yinke Recycling's net profit is expected to increase by more than 60% in 2024.
① A representative from the Secretary Office of the Board of Directors of YINGKE explained that decorative building materials have always been one of the fastest growing categories for the company, maintaining about 30% growth year-round; ② The company stated that for the entire year of 2024, overseas income is expected to account for 70%-80% of total revenue.
Inco Recycling (688087.SH): Projected net profit for the fiscal year 2024 to increase by 51.29% to 68.67%.
On January 15, Glonghui announced that Yingke Recycling (688087.SH) published its annual performance forecast for 2024. According to preliminary calculations by the finance department, it is expected that the annual net income attributable to the parent company will reach between 0.296 billion yuan and 0.33 billion yuan, representing a year-on-year increase of 51.29% to 68.67%. The net income attributable to the parent company after excluding non-recurring gains and losses is expected to be between 0.28 billion yuan and 0.31 billion yuan, an increase of 47.21% to 62.98% compared to the previous year. The Global Strategy of developing new products and exploring new channels has promoted steady revenue growth. In terms of new product development, the company focuses on multi-material products.
Intco Recycling Resources (SHSE:688087) May Have Issues Allocating Its Capital
Yingke Renewable Resources Co., Ltd. Report for the third quarter of 2024
