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Jianlang Hardware: 2024 Annual Results Forecast
Express News | Guangdong KinLong Hardware Products: It is expected that the net income will decrease by 62.96% to 72.22% in 2024.
Guangdong KinLong Hardware Products (002791.SZ): A total of 0.2922 million shares have been repurchased.
On January 3, Gelonghui reported that Guangdong KinLong Hardware Products (002791.SZ) announced that as of December 31, 2024, the company has repurchased a total of 0.29215 million shares through a dedicated securities account for share repurchase using centralized bidding, accounting for 0.09% of the company's current total share capital, with a maximum Fill Price of 22.68 yuan per share, a minimum Fill Price of 22.51 yuan per share, and a total transaction amount of 6.5942 million yuan (excluding transaction fees).
Guangdong KinLong Hardware Products (002791): Domestic decline expands while overseas growth defies the trend.
Event description: Guangdong KinLong Hardware Products achieved a revenue of 4.9 billion yuan in the first three quarters, a year-on-year decrease of 12%. The net income attributable was approximately 0.03 billion yuan, a year-on-year decrease of 77%, and the net income excluding non-recurring items decreased by 99% year-on-year. In the third quarter, the revenue was 1.7 billion.
Guangdong Kinlong Hardware Products (002791.SZ): Cumulatively repurchased 0.09% of the shares.
Guangdong Kinlong Hardware Products (002791.SZ) announced that as of October 31, 2024, the company has repurchased 292,150 shares through the dedicated securities account for share buyback through centralized bidding trading method, accounting for 0.09% of the company's total share capital. The highest fill price was 22.68 yuan/share, the lowest fill price was 22.51 yuan/share, with a total fill amount of 6,594,183.50 yuan (excluding transaction fees). This buyback complies with relevant laws and regulations, and is in line with the established share buyback plan.
Guangdong Kinlong Hardware Products (002791): Performance dragged down by industry trend, expected turning point in performance has arrived.
Industry trends dragging down performance, it is expected that the performance has reached an inflection point and maintains a 'buy' rating. The company released the third quarter report for 2024, achieving an income of 4.91 billion yuan in the first three quarters of 2024, a year-on-year decrease of 11.51%; achieving a net