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Lianhe Chemical Technology (002250): The performance meets our expectations, and profits continue to improve.
The performance in Q3 2024 meets our expectations. The company achieved revenue of 4.359 billion yuan in 1-3Q24 (YoY -13.14%), with a net income attributable to shareholders of listed companies of 32.5038 million yuan (YoY +1.
Lianhua Technology: Report for the third quarter of 2024
Lianhe Chemical Technology (002250.SZ): The construction of the factory in Malaysia has been recognized by customers, and the company is currently discussing follow-up product orders with customers.
On September 29, Glonhu reported that Lianhe Chemical Technology (002250.SZ) stated at an investor relations event that the company has signed an intention to purchase industrial land in Malaysia and is currently proceeding with subsequent work. The company's factory construction in Malaysia has been approved by customers. Currently, the company is discussing follow-up product orders with customers, with the main focus on products with new patents in the industry. The progress of the construction of the Malaysian base will also be adjusted according to specific orders.
lianhe chemical technology (002250.SZ): The 'destocking' market is currently in the late stage, with the trend slowing down.
Gelonghui September 29th | Lianhe Chemical Technology (002250.SZ) stated at an investor relations event that the company believes the "destocking" trend is currently in its final stage, with the trend slowing down. In the plant protection market, there are signs of demand recovery for a small number of products, but overall, it has not completely emerged from the "destocking" trend.
Express News | Lianhe Chemical Technology: Holding subsidiary approved for listing on the National Equities Exchange and Quotations.
Lianhe Chemical Technology (002250): 2Q24 performance improves quarter-on-quarter, focusing on the company's medium and long-term growth prospects and the improvement of its UK base.
Event: On August 24, 2024, Lianhe Chemical Technology released its 2024 interim report. The company's revenue for the first half of 2024 was 2.978 billion yuan, a year-on-year decrease of 18.75%. The net income attributable to the parent company was 0.014 billion yuan, a year-on-year
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