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Express News | Yangtze Optical Fibre And Cable Joint Stock plans to repurchase shares for between 0.16 billion yuan and 0.32 billion yuan.
DBS Bank Upgrades Yangtze Optical Fibre And Cable Joint Stock Company to Buy From Hold; Price Target Is HK$20.20
Yangtze Optical Fibre And Cable Joint Stock (601869): In Q4 2024, non-deductible profit surged significantly year-on-year, and diversification achieved substantial progress.
Continuous price pressure, a decline in investment income, and losses from changes in fair value led to a decrease in performance. The company released the 2024 Earnings Reports, achieving revenue of 12.2 billion yuan for the year, a decrease of 9% year-on-year, with Net income of 0.676 billion yuan, also a decrease year-on-year.
Yangtze Optical Fibre And Cable Joint Stock (601869): The results of diversification layout are significant, and the commercial singularity of hollow core is already here.
Event: Yangtze Optical Fibre And Cable Joint Stock released the 2024 annual report, in which the company achieved a revenue of 12.197 billion yuan (down 8.65% year-on-year), a net income of 0.676 billion yuan (down 47.91% year-on-year), and a non-net income of 3.
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