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Jadard Technology Inc.'s (SHSE:688252) 73% Price Boost Is Out Of Tune With Earnings
Jadard Technology's Q3 Profit Soars 223%, Operating Income Up 98%
Shenzhen Tiandeyu Technology Co., Ltd. Report for the Third Quarter of 2024
Tande Yu's Q3 net profit attributable to the parent doubles, driven by increased demand for electronic price tag chips. Shareholder Huaqin Technology reduces shareholding.
In the third quarter report of Tiande Yu, the revenue for the first three quarters reached 1.484 billion yuan, a year-on-year increase of 79.57%, with a 156.55% year-on-year increase in net income attributable to shareholders. Tiande Yu stated that the main reason for the revenue growth in the first three quarters is the increased demand from customers for asia vets mobile terminal display driver chip products and electronic price tag driver chip products.
The main theme is a mild recovery. The A-share semiconductor sector ushers in the trend of pre-increase. How will the future industry prosperity develop?
①15 semiconductor companies have forecasted their performance in the first three quarters, with 11 companies expecting growth and 2 turning losses around; ② The industry is gradually recovering, market demand is picking up, becoming the main theme of this round of performance optimism; ③ Some interviewees believe that in the second half of the year, perhaps only the market for mid-to-high-end chips is still doing well.
Jadard Technology Forecast 222% Surge in Q3 Profit; Shares Jump 11%
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