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BIWIN Storage Technology Co., Ltd. (SHSE:688525) Delivered A Weaker ROE Than Its Industry
Biwei Storage: Market demand in Q4 has somewhat recovered month-on-month and will actively focus on opportunities for industry chain integration | Direct coverage of earnings conference.
In the earnings conference of Baiwei Storage, the company’s chairman Sun Chengsi stated that downstream customers slowed down the pace of goods picking in the third quarter. As inventory is digested and enters the peak season for consumer electronics, market demand in the fourth quarter has somewhat recovered compared to the third quarter; Sun Chengsi also indicated that with the update of inventory structure, the company’s gross margin is expected to gradually return to the central level, and the increase in localization rate provides ample space for the company's revenue growth.
BIWIN Storage Technology (SHSE:688525) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Investors Don't See Light At End Of BIWIN Storage Technology Co., Ltd.'s (SHSE:688525) Tunnel
BIWIN Storage: THIRD QUARTER REPORT 2024
Third Quarter Report 2024
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