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Kangxi Communication Technologies (Shanghai) Co., Ltd.'s (SHSE:688653) Price Is Out Of Tune With Revenues
Kangxi Communications Third Quarter Report 2024
Kangxi Communications (688653.SH): The net loss for the first three quarters was 33.8646 million yuan.
Gelonghui October 29th | Kangxi Communication (688653.SH) released the third quarter report, with a revenue of 0.378 billion yuan in the first three quarters, a year-on-year increase of 34.04%, a net loss of 33.8646 million yuan, a non-net loss of 40.7041 million yuan, and a basic earnings per share of -0.0798 yuan.
Kangxi Communication (688653.SH): is actively seeking suitable merger and acquisition targets with main business as the core.
Gelonghui October 18th | Kangxi Communications (688653.SH) stated on the investor interaction platform that the company has conducted a comprehensive study on merger and acquisition policies. Currently, the company is focusing on its main business and actively seeking suitable M&A targets in order to expand the company's scale and enhance the company's overall competitiveness.
Kangxi Communication (688653.SH): has not yet implemented share repurchase
On October 8, Kangxi Communication (688653.SH) announced that as of September 30, 2024, the company has not yet implemented share repurchases.
Star Evening News | jiangsu eazytec co., ltd. intends to acquire partial equity of its subsidiary, and Kangxitong Communication intends to repurchase shares.
①Suzhou Veichi Electric, Gaoling Information, Beijing Inhand Networks Technology, Dongwei Technology and other companies announced shareholding plans; ②Naitek Equipment, Zhejiang Risun Intelligent disclosed repurchase plans; ③Global 6G standardization work has entered a substantive stage.
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