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AsiaInfo Security (688225): Significant trend of reduced losses in Q3, standardizing products to improve gross margin levels.
Investment Highlights: Significant reduction in net loss trend in Q3 The company released the third quarter report for 2024, achieving revenue of 1.108 billion yuan in the first three quarters of 2024, an 11.75% year-on-year increase; net income attributable to the parent company was -0.208 billion yuan.
Concept stocks related to A-share data security rose, and surfilter network technology hit the limit up.
On October 31, Surfilter Network Technology soared limit up in a straight line, AsiaInfo Security and Shenzhen Sinovatio Technology had previously hit the limit up, Primeton Information Technologies, Beijing Baolande Software Corporation, and Sanwei Security all rose by more than 10%, Shenzhen Guohua Network Security Technology, and Sangfor Security rose by over 5%. On the news front, the Ministry of Industry and Information Technology issued the "Emergency Plan for Data Security Incidents in the Industrial and Information Fields (Trial)". It mentions that the emergency work of data security incidents should adhere to unified leadership and hierarchical responsibility. Adhere to unified command, close coordination, rapid response, scientific disposal. Adhere to fully leveraging all forces to jointly handle the emergency response of data security incidents.
CICA Security: Third Quarter Report 2024
Third Quarter Report 2024
Yuxin Security (688225.SH) released its performance for the first three quarters, with a net loss of 0.208 billion yuan.
Aisino Security (688225.SH) released the third quarter report of 2024, with revenue of 11...
AsiaInfo Security (688225.SH): The net loss in the first three quarters was 0.208 billion yuan.
On October 30, Aisino Security (688225.SH) released its third quarter report, with a revenue of 1.108 billion yuan in the first three quarters, an 11.75% year-on-year growth, a net loss of 0.208 billion yuan, a non-net loss of 0.214 billion yuan, and a basic earnings per share of -0.5390 yuan.
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