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Yuanjie Technology (688498): 3Q revenue increased significantly year-on-year, as the tight supply and demand of optical communication chips accelerated verification.
3Q revenue continued to improve significantly year-on-year. Three factors led to the loss-making company release its 2024 three-quarter report. In the first three quarters, it achieved operating income of 0.178 billion yuan, an increase of 91% over the previous year, and a net profit loss of 0.55 million yuan to mother, and a profit for the same period last year
Yuanjie Technology (688498): Profitability is temporarily under pressure, waiting calmly for the conversion of CW orders to drive performance.
Event: On October 29, 2024, the company released the third quarter report for 2024. The revenue for the first three quarters of 2024 was 0.178 billion yuan, a year-on-year increase of 91.20%; net income attributable to equity holders was -0.001 billion yuan.
Yuanjie Technology (688498) Third Quarter Report Review for 2024: Provision for impairment affecting current performance. The proportion of data communication is gradually increasing.
Significant investment depreciation affects current results. In the first three quarters of 2024, gross margin was under pressure. In the first three quarters of 2024, the company's revenue was 0.178 billion yuan, +91.2% year over year, and net profit to mother was -0.55 million yuan, or -102.57%. withheld
Yuanjie Technology (688498.SH): In October, did not repurchase shares through centralized auction trading.
On October 31, Gulonhui announced that Yangjie Technology (688498.SH) disclosed that in October 2024, the company did not repurchase shares through centralized competitive trading. As of October 31, 2024, the company has repurchased a total of 452,149 shares of the company through the Shanghai Stock Exchange trading system by centralized competitive trading method, accounting for 0.53% of the company's total share capital of 85,461,670 shares. The highest price of the repurchase transaction is 125.00 yuan/share, the lowest price is 105.97 yuan/share, and the total amount paid is RMB 55,409,350.27 (excluding stamp duty).
Yuanjie Technology (688498): 3Q performance under pressure, looking forward to CW light source and other volume release
Yuanjie Technology released its third-quarter report, achieving a revenue of 58.0189 million yuan in Q3 2024 (+82.04% year-on-year, -3.46% quarter-on-quarter), with a net profit attributable to the parent company of -11.3 million yuan (-13.36 million yuan year-on-year).
Express News | Star Market Closing Report: SSE Science and Technology Innovation Board 50 Index fell by 1.70%. Semiconductor sector continues to decline.
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