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AAC Technologies' Revenue in 2024 Is Expected to Increase by 10-15%, PSS Automotive Business Revenue Will Exceed RMB3 Billion
Press Release: AAC Technologies' Revenue in 2024 Is Expected to Increase by 10-15%, PSS Automotive Business Revenue Will Exceed RMB3 Billion
AAC Technologies' Revenue in 2024 is Expected to Increase by 10-15%, PSS Automotive Business Revenue will Exceed RMB3 Billion PR Newswire HONG KONG, March 28, 2024 HONG KONG, March 28, 2024 /PRNews
Resonent Resulting in Strong Tech Results: Revenue to Increase by 10-15% in 2024, Revenue from PSS Automotive Business Exceeds $30 Billion
Hong Kong, March 28, 2024/US Communication/ -- On March 21, Sonic Technology (2018.HK) will hold a media conference for its 2023 results in Hong Kong. For the full year 2023, Swisong Technology had a revenue of RMB204.2 billion, a gross margin of 16.9%, and a net profit of RMB7.4 billion. Of these, revenue for the second half of the year was RMB112.0 billion, gross profit was 19.2%, and net profit was RMB5.9 billion, an increase of 25.2% year-on-year. Shuisang Technology CFO Guo Dan said at the meeting that demand in the mid-high-end smartphone market recovered first in the second half of last year,
Changes in Hong Kong stocks | Ruisheng Technology (02018) rose more than 4%. The group guides the whole year, optimistic institutions say there are more catalysts this year
The Zhitong Finance App learned that Ruisheng Technology (02018) has increased by more than 4%, and the cumulative increase during the month has already exceeded 30%. As of press release, it rose 4.23% to HK$25.9, with a turnover of HK$51.619,700. According to the news, Komo released a research report saying that Ruisheng held an analyst meeting after announcing its annual results. The group is optimistic about the prospects for this year, leading to revenue growth of 25% to 30% year-on-year, while gross margin can be higher than 20%. Xiaomo believes that the guidelines are better than market expectations, mainly due to drastic improvements in the Group's optical business, which is expected to turn a loss into a profit this year. Furthermore, Motong believes in Ruisheng's acquisition
Ruisheng Technology: The stock price hit a phased high after the results, and will reach new heights in the field of AI and smart cars
Recently, Shunyu Optical Technology and Ruisheng Technology released performance reports one after another, yet they received completely different treatment after the results. Shunyu Optical Technology plummeted for two consecutive trading days after the results, and its stock price hit a new low of nearly 7 years; Ruisheng Technology's stock price rose in response, rising by more than 11% on the second trading day after the results, and the stock price hit a new high. Why did Shuang Shu, which used to be considered quite popular, have there been such a big split now? Continued ecology is a key reason. Although the consumer electronics market is still weak in 2023 judging from full-year data, the market environment improved in the second half of the year. According to Counter
Ruisheng Technology (2018.HK)'s 2023 sensor and semiconductor revenue of 1.03 billion yuan will significantly benefit from the development of AI phones
On March 21, Ruisheng Technology (2018.HK) released its 2023 annual results report. The Group's annual revenue was RMB 20.42 billion, gross margin was 16.9%, and net profit was RMB 740 million. Revenue for the second half of the year was RMB 11.2 billion, and gross margin was 19.2%, up 1.4 percentage points year on year and 5.1 percentage points month on month. Net profit was RMB 590 million, up 25.2% year over year. An inflection point in performance is beginning to appear. Among them, the revenue of the sensor and semiconductor business in the second half of the year was 531 million yuan, up 7.5% month-on-month, and gross margin was 15.7%
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