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Fiyta Precision Technology (000026) 2024 Third Quarter Report Review: Q3 under pressure, waiting for improvement.
Introduction to this report: In Q3, sales of Rui Biao's own brand are under pressure, and the company is actively promoting channel structure optimization, cultivating new growth points, and waiting for the business to stabilize and rebound. Investment highlights: maintain shareholding. The company's revenue for the first three quarters is 3.04 billion yuan/-1.
Fiat: Report for the third quarter of 2024
Fiyta Precision Technology (000026.SZ) released its performance for the first three quarters, with a net income of 0.198 billion yuan, a year-on-year decrease of 25.58%.
Fiyta Precision Technology (000026.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue of 3...
Fiyta Precision Technology (000026.SZ): The net income in the first three quarters was 0.198 billion yuan, a year-on-year decrease of 25.58%.
On October 25th, Gleuhn reported the third quarter of 2024 for Fiyta Precision Technology (000026.SZ), with the company achieving revenue of 3.0398 billion yuan in the first three quarters, a decrease of 13.82% year-on-year; net income attributable to the shareholders of the listed company was 0.198 billion yuan, a decrease of 25.58% year-on-year; net profit attributable to the shareholders of the listed company excluding non-recurring gains and losses was 0.191 billion yuan, a decrease of 24.54% year-on-year; and the basic earnings per share was 0.4824 yuan.
Fiyta Precision Technology (000026.SZ): Currently, the revenue from Hainan duty-free related business accounts for a small proportion of total revenue.
Fiyta Precision Technology (000026.SZ) stated on the investor interaction platform on September 26 that currently, the company's own brands ('Fiyta', 'Emiton') business has multiple stores in the duty-free channels in Hainan; the 'Hengli' watch business seizes the duty-free market opportunity and has established a wholly-owned subsidiary in Hainan. As of now, the revenue from the company's duty-free related business in Hainan accounts for a relatively small proportion of total revenue.
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