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OKE Precision Cutting Tools (688308.SH): The company has established a relatively mature layout in the field of tool coating technology.
On February 27, Gelonghui reported that OKE Precision Cutting Tools (688308.SH) stated on the investor interaction platform that the company has formed a relatively mature layout in the field of cutting tool coating technology, achieving industrial application in composite coatings and nano-coatings, with some product performance reaching international advanced levels. The company focuses on the demands of the smart and customized market, continuously deepening the collaborative development of cemented carbide substrates and coatings to enhance tool product performance; at the same time, relying on a "material-structure-coating" full-chain research and development capability, customized solutions for working conditions are provided in high-end manufacturing fields such as aviation, autos, 3C, rail transit, and Siasun Robot&Automation, meeting different needs.
Investors Still Aren't Entirely Convinced By OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Earnings Despite 28% Price Jump
Eurovision: Announcement of Eurovision\'s 2024 Annual Results Report
Eurovision 2024 Annual Results Report Announcement
OKE Precision Cutting Tools (688308.SH): Net income for the year 2024 is 58.088 million yuan, a decrease of 65.01% year-on-year.
On February 26, the Glonghui reported that OKE Precision Cutting Tools (688308.SH) announced its performance report for the year 2024. During the reporting period, the company achieved revenue of 1.127 billion yuan, an increase of 9.81% year-on-year; it realized a net income of 58.088 million yuan attributable to the owners of the parent company, a decrease of 65.01% year-on-year; it achieved a net income of 27.9915 million yuan attributable to the owners of the parent company, after deducting non-recurring gains and losses, a decrease of 78.39% year-on-year. During the reporting period, the company actively promoted overall tool solutions, accelerated the construction of terminal channels, and expanded overseas markets, maintaining stable revenue growth. Due to the public
OKE Precision Cutting Tools (SHSE:688308) Could Be Struggling To Allocate Capital