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Huafon Microfibre (Shanghai)'s Q3 Profit Surges 544%
Huafeng Microfiber: Report for the third quarter of 2024
Express News | Huafon Microfibre: Net income in the third quarter increased by 544.14% year-on-year.
Express News | Huafon Microfibre: Starting from October 21st, the prices of all base fabrics for delivery will be uniformly increased by 1-2 yuan.
Stock market anomaly alert | Issuing risk warnings, huafon microfibre sharply retreats over 11%.
On October 16th, Gelunhui reported that yesterday's over 12% surge in Huafon Microfibre (300180.SZ) retreated by over 11%, now trading at 8.9 yuan, with a total market value of 15.76 billion yuan. In terms of news, the company announced last night that the stock trading price had deviated from the closing price for 10 consecutive trading days from September 25, 2024, to October 15, 2024, with a cumulative increase of over 100%, indicating severe abnormal fluctuations in stock trading. Its wholly-owned subsidiary, Weifutong, specializes in providing digital financial and marketing solutions for financial institutions and large enterprises. Its revenue in the first half of 2024 accounted for the total revenue of the listed company during the same period.
Concept stocks of cross-border payment in A-shares have retraced, huafon microfibre dropped more than 10%.
October 16th, Huafon Microfibre fell by more than 10%, Northking Information Technology Co., Ltd, Shenzhen Forms Syntron Information, CNPC Capital, Zhejiang China Commodities City Group, etc. fell by over 5%.
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