AVGO250103C180000
- 51.80
- 0.000.00%
Broadcom Newsroom
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Beken Corporation (603068.SH): Expected loss of 21.5 million yuan to 32.2 million yuan in 2024.
On January 17, Glonghui reported that Beken Corporation (603068.SH) announced a preliminary profit warning for its 2024 annual performance. According to initial estimates by the financial department, the net income attributable to the shareholders of the listed company for the year 2024 is expected to be between -21.5 million yuan and -32.2 million yuan, representing a decrease in losses of 61.8276 million yuan to 72.5276 million yuan compared to the same period last year, with a year-on-year loss reduction of 66% to 77%. The reasons and influencing factors for the company's projected loss this period: Due to the impact of the macroeconomic situation and market demand, the company's product sales scale is still in the process of ramping up, and it has yet to achieve profitability during the current period.
U.S. stock movements | Barclays raised the company's Target Price to $260, Broadcom (AVGO.US) rose over 2% in pre-market trading.
On Friday, Broadcom (AVGO.US) rose more than 2% in Pre-Market Trading, reporting at $235.23.
Investors in Broadcom (NASDAQ:AVGO) Have Seen Incredible Returns of 727% Over the Past Five Years
I Believed Broadcom's Stock Was Overpriced—Here's Why I'm Starting to See the Value