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Friend co.,ltd. (605050.SH): It is expected that in the fourth quarter of 2024, the company's upstream raw material steel prices will remain relatively stable.
On November 20, Gronghui reported that friend co.,ltd. (605050.SH) stated at the performance briefing that (1) the company's performance in the third quarter of 2024 has shown some growth compared to the second quarter of 2024, mainly due to the good upward trend in raw material prices for sheet steel used in autos and the orders from end customers. The gross profit sales to end users have increased, and the inventory sales at the end of the second quarter have turned from loss to profit. Compared to the second quarter of 2024, the third quarter of 2024 achieved certain performance growth. (2) It is expected that in the fourth quarter of 2024, the company will see changes in upstream raw material prices for steel.
Express News | Friend co.,ltd. and hunan valin steel established a component processing company in hunan.
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Friend to Set Up Joint Venture, NEV Parts Factory for 2 Billion Yuan
Expand new market opportunities. Friend co.,ltd. (605050.SH) plans to participate in the construction of new energy fund auto parts manufacturing project.
Friend Co., Ltd. (605050.SH) announced that the company plans to establish a joint venture company with Hunan Valin Lianyuan Steel Co., Ltd., and...
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