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Pan Asian Microvent Tech (Jiangsu) Corporation (SHSE:688386) Shares Fly 32% But Investors Aren't Buying For Growth
Pan Asia Micro: Pan Asia Micro News 2024 Annual Results Report Announcement
Pan Asia Weitou 2024 Annual Results Report Announcement
Pan Asian Microvent Tech (688386.SH): Net income of 0.1 billion yuan for the 2024 fiscal year, an increase of 17.93% year-on-year.
On February 27, Gelonghui reported that Pan Asian Microvent Tech (688386.SH) announced its performance summary for the year 2024, achieving revenue of 514.776 million yuan, a year-on-year increase of 25.39%; total profit of 128.498 million yuan, a year-on-year increase of 23.49%; and net income attributable to the parent company's owners of 102.0517 million yuan, a year-on-year increase of 17.93%.
Pan Asian Microvent Tech (688386.SH): The product has not yet been used for Byte's Ola Friend Asia Vets headset.
On December 25, Gelonghui reported that Pan Asian Microvent Tech (688386.SH) stated on the investor interaction platform that the company's water-resistant acoustic membrane is primarily installed in Smart Phones, watches, fitness bands, cameras, and other Consumer Electronics to seal the gaps and holes in the devices, thus allowing electronic products to achieve waterproof and dustproof ratings, while maintaining the best signal-to-noise ratio and the lowest distortion after sound passes through the waterproof membrane. The company's products have not yet been used in Byte's Ola Friend smart earbuds.
Pan Asian Microvent Tech (688386.SH): Received 2 invention patent certificates.
On December 24, Gelonghui reported that Pan Asian Microvent Tech (688386.SH) announced that the company has recently received two authorized invention patent certificates issued by the National Intellectual Property Protection Bureau. The acquisition of these invention patents reflects and extends the company's important core technology. The recent patent acquisition will not have a significant impact on the company's operations, but it will help further improve the company's Intellectual Property Protection system, leverage the technological advantages of independent intellectual property, promote technological innovation, and thus enhance the company's core competitiveness.
More Unpleasant Surprises Could Be In Store For Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Shares After Tumbling 26%