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Express News | Montage Technology: will seek suitable industry chain investment and M&A opportunities.
Montage Technology (688008): In the third quarter of 2024, the non-deductible net income increased by 1.2 times year-on-year, with the interconnection chip business revenue reaching a new high.
In the third quarter of 2024, the non-recurring net income increased by 1.2 times year-on-year, benefiting from the increased penetration of DDR5 and the rising volume of AI new products. In the first three quarters, the revenue was 2.571 billion yuan, an increase of 68.6% year-on-year, with a net income attributable to shareholders of 0.978 billion yuan.
Montage Technology (688008.SH): Currently not directly supplying Tesla.
Montage Technology (688008.SH) stated on the interactive platform on November 8th that the company maintains good cooperative relationships with international mainstream memory module manufacturers, CPU manufacturers, server manufacturers, etc., and currently does not directly supply Tesla.
Montage Technology (688008.SH): Employee stock ownership plan completed stock purchase in 2024.
Montage Technology (688008.SH) announced on November 8th that as of the disclosure date of this announcement, the company's employee stock ownership plan for 2024 has completed the purchase of the target stocks. Through block trades, the company has repurchased a total of 5.618 million shares of company stocks into the account, accounting for the company's total share capital for the month, from November 9, 2024, to November 8, 2025.
Montage Technology (688008): Rapid volume production of power chip, Q3 performance hits a record high.
Event: The company released the performance report for the third quarter of 2024. As of the third quarter of 2024, the company achieved revenue of 2.571 billion yuan, a year-on-year increase of 68.56%; net income attributable to the parent company was 0.978 billion yuan, a year-on-year increase of 318.
Montage Technology Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
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