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Shenzhen Fortune Trend Technology (688318): Increased R&D weakens profit capabilities, downstream demand expected to pick up.
shenzhen fortune trend technology released the third quarter report for 2024, achieving revenue of 0.21 billion yuan during the reporting period, a year-on-year decrease of 15.4%, achieving a net income attributable to the parent company of 0.14 billion yuan, a year-on-year decrease of 27.3%. The event commentary is influenced by the decline in downstream demand.
Third Quarter Report 2024
Express News | Shenzhen Fortune Trend Technology: net income of 0.144 billion yuan in the first three quarters, a year-on-year decrease of 27.33%.
shenzhen fortune trend technology (688318.SH) plans to distribute a dividend of 0.11 yuan per share for the interim half year, with ex-rights and ex-dividends on October 18th.
Shenzhen Fortune Trend Technology (688318.SH) announced that it plans to distribute cash dividends of 0.11 per share for the first half of 2024...
shenzhen fortune trend technology (688318): Innovation leading + new momentum from bonds highlight performance resilience.
Investment Highlights: Total revenue slightly increased, while net income declined. From January to June 2024, the company achieved total operating revenue of 0.148 billion yuan, a year-on-year increase of 0.14%; net income attributable to the parent company's shareholder was 0.1 billion yuan, the same.
Express News | sealand has given shenzhen fortune trend technology a buy rating.
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