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Sinolink's strategy for the light industry in 2025: grasp the direction of policy benefits and align with industry development trends.
Comprehensively selected opportunities for the layout of detailed sectors for young workers in 2025, recommend new types of tobacco > two-wheelers = domestic home goods, focus on emerging domestic products, exports & going abroad, papermaking sector.
Hangzhou Huawang New Material Technology (605377): The performance in the third quarter of 24 met expectations, and production capacity was smoothly put into operation.
Investment Highlights Basic Events 2024Q1-Q3 Revenue of 2.851 billion yuan (-4.45% year-on-year), net profit attributable to the parent company of 0.409 billion yuan (+2.94% year-on-year), non-net profit attributable to the parent company of 0.374 billion yuan (-
HUAWANG NEW MATERIAL TECHNOLOGY(605377):OVERALL DEMAND WEAK; EARNINGS UNDER SHORTTERM PRESSURE
Hangzhou Huawang New Material Technology (605377): Overall demand is weak, performance is under short-term pressure.
The performance in the third quarter of 2024 is slightly lower than our and the market's expectations. The company's pre-announced performance for the third quarter of 2024: In the first three quarters of 2024, the revenue was 2.85 billion yuan, a decrease of 4.45% year-on-year, with a net income attributable to the parent company of 0.409 billion yuan, an increase of 2.94% year-on-year;
hangzhou huawang new material technology (605377) quarterly report review: Profit per ton rebounds, new production capacity awaits release.
The company released the third quarter report for 2024: Achieved revenue of 2.851 billion yuan in 2024 Q1-3 (-4.5% year-on-year), net income attributable to the parent company of 0.409 billion yuan (+2.9% year-on-year), non-net income attributable to the parent company of 0.374 billion.
Huawang Technology: Hangzhou Huawang New Material Technology Co., Ltd. 2024 Third Quarter Report
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