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Shenzhen Neoway TechnologyLtd (SHSE:688159) Will Want To Turn Around Its Return Trends
Shenzhen Neoway Technology (688159.SH): completed testing of V2X products with partners and piloted applications in Nanning, Shenzhen and other places.
Neoway Technology (688159.SH) stated on the interactive platform on July 17 that Luobo KuaiPao is a part of vehicle networking collaboration, and its self-driving cars have different models of different brands. The company is unaware of downstream usage of the product in its projects. However, the company has been continuously expanding its collaboration products in vehicle networking, which is also one of the company's major application areas. Since 2021, the company has launched multiple vehicle networking collaboration modules, RSUs, and OBU devices. The company's modules have been used in well-known brand autos such as Chery, BYD, Tengshi, Dongfeng Commercial, and JAC in front-loading and charging devices.
Shenzhen Neoway Technology: Voluntary disclosure announcement of the 2024 semi-annual performance forecast.
Shenzhen Neoway Technology (688159.SH): It is expected to have a net income of 80 to 96 million yuan in the first half of the year, and turn losses into profits year-on-year.
On July 15, GeLongHui reported that Shenzhen Neoway Technology (688159.SH) estimated that it will achieve revenue of 1.6 to 1.8 billion yuan in the first half of 2024 according to the initial calculations of the financial department. It is expected that the net income attributable to the owner of the parent company in the first half of 2024 will turn losses into profits compared with the same period of the previous year, and the net income attributable to the owner of the parent company will be between 80 million yuan and 96 million yuan. It is expected that the net income attributable to the owner of the parent company after deducting non-recurring gains and losses will be between 75 million yuan and 90 million yuan in the first half of 2024. The company expects to operate in the first half of 2024.
Shenzhen Neoway Technology: 2023 Annual Report (Revised Version)
Are Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Mixed Financials Driving The Negative Sentiment?
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