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Jiangsu Boqian New Materials Stock Co., Ltd. Just Recorded A 15% Revenue Beat: Here's What Analysts Think
Jiangsu Boqian New Materials Stock (605376): Continuous recovery in consumer market, ai-driven new cycle of demand growth for high-end nickel powder.
The core viewpoint of the company is that it is the global leading and the only domestic producer of small particle size nano nickel powder, supplying high-end MLCC. It achieved a net income attributable to the mother of 85.08 million yuan in the first three quarters, a year-on-year increase of 562.41%. With the recovery of the downstream consumer electronics industry.
Jiangsu Boqian New Materials stock (605376): AI stimulates rapid growth in shipments, profits accelerate recovery.
Event: The company released the third quarter report of 2024. In the first three quarters of 2024, the company achieved revenue of 0.727 billion yuan, a year-on-year increase of +47.96%, and a net income attributable to the parent company of 0.085 billion yuan, a year-on-year increase of +562.41%, after deducting non-recurring items.
Jiangsu Boqian New Materials Co., Ltd. Report for the Third Quarter of 2024
Express News | Jiangsu Boqian New Materials Stock: Net income in the first three quarters was 85.079 million yuan, a year-on-year increase of 562.41%.
Express News | Jiangsu Boqian New Materials Stock: Net income in the first three quarters increased by 562.41% year-on-year.
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