Fuyao Glass Industry Logs 52% Boost in Q1 Profit; Hong Kong, China Shares Soar Over 10%
Fuyao Glass Industry Group (SHA:600660, HKG:3606) recorded a 52% year-over-year rise in attributable profit for the quarter ended March 31 to 1.39 billion yuan from 914.5 million yuan in Q1 2023, a Th
Changes in Hong Kong stocks | Fuyao Glass (03606) rose more than 10% after earnings, net profit of 1,388 billion yuan in the first quarter increased by more than 50% year-on-year
Fuyao Glass (03606) rose more than 10% after the results. As of press release, it rose 10.15% to HK$46.65, with a turnover of HK$61.912,500.
Fuyao Glass: Net profit of 1,388 billion yuan in the first quarter increased by 51.76% year-on-year
Fuyao Glass (03606) released its report for the first quarter of 2024, with operating revenue of 8.836 billion yuan (RMB, same below), up 25.29% year on year; net profit attributable to shareholders of listed companies was 1,388 billion yuan, up 51.76% year on year; basic earnings per share were 0.53 yuan.
Fuyao Glass Industry 1Q Net CNY1.39B Vs. Net CNY914.44M >600660.SH
Fuyao Glass Industry 1Q Net CNY1.39B Vs. Net CNY914.44M >600660.SH
Fuyao Glass Industry 1Q Rev CNY8.84B Vs. CNY7.05B >600660.SH
Fuyao Glass Industry 1Q Rev CNY8.84B Vs. CNY7.05B >600660.SH
福耀玻璃:2024年第一季度報告
Fuyao Glass (03606.HK): Three wholly-owned subsidiaries have completed registration procedures with the Feixi County Market Supervision Administration
Gelonghui, April 25 | Fuyao Glass (03606.HK) announced that recently, the three wholly-owned subsidiaries have completed the registration procedure of the Feixi County Market Supervision Administration and obtained the “Business License” issued by the Feixi County Market Supervision Administration.
Fuyao Glass (03606) plans to apply for a comprehensive credit line of 4.6 billion yuan from the Export-Import Bank of China
Zhitong Finance App News, Fuyao Glass (03606) announced that in order to meet the company's production and operation requirements for working capital, the board of directors agreed to apply for a comprehensive credit line of RMB 4.6 billion from the Fujian branch of the Export-Import Bank of China for a credit period of two years. At the same time, the board of directors agreed to authorize the chairman or an authorized person of the chairman to sign all legal documents on behalf of the company, such as credit contracts, loan contracts, certificates, etc. relating to credit applications, loans, etc.
Changes in Hong Kong stocks | PV glass stocks picked up in early trading, glass prices still have slight room to rise, profits or phased improvements
Photovoltaic glass stocks picked up in early trading. As of press release, Xinyi Solar (00968) rose 3.66% to HK$5.38; Follett Glass (06865) rose 1.93% to HK$17.94; and Fuyao Glass (03606) rose 1.55% to HK$42.65.
We Think Fuyao Glass Industry Group Co., Ltd.'s (SHSE:600660) CEO May Struggle To See Much Of A Pay Rise This Year
Key Insights Fuyao Glass Industry Group will host its Annual General Meeting on 25th of April CEO Shu Ye's total compensation includes salary of CN¥1.08m The overall pay is comparable to the indus
The glass sector has performed well. Does Fuyao Glass (03606) have no rivals?
When the “National Nine Rules” were introduced, most of the major analysts believed that when the bull market started, the market took the lead and fell in honor of the first. Hong Kong A-share small and medium capitals rushed around, and individual stocks were frantically murdered. Fortunately, large-cap stocks carried the banner of resisting falling. As the leader in the Hong Kong stock glass sector, Fuyao Glass (03606) still recorded a slight increase in the three trading days. The performance of Xinyi Glass and Follett Glass in the same sector is slightly poor. Judging from the trend (annual line), Fuyao Glass is also the brightest in the sector, maintaining an upward trend. The gap between this and the other two companies is obvious. In fact, the three glass manufacturers mentioned above are all leaders in their respective fields. Fuyao Glass is an automotive glass
The China Securities Regulatory Commission agreed to register Keli Co., Ltd. for GEM IPO on the Shenzhen Stock Exchange
On April 11, the China Securities Regulatory Commission issued the “Approval on Agreeing to Register the Initial Public Offering of Shares by Hebei Keli Auto Equipment Co., Ltd.”
Investors Met With Slowing Returns on Capital At Fuyao Glass Industry Group (SHSE:600660)
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns ea
Analysts' Opinions Are Mixed on These Industrial Goods Stocks: Alstom SA (GB:0J2R), Daimler Truck Holding AG (DE:DTG) and Fuyao Glass Industry Group Co., Ltd. Class H (Berlin: DE:4FG)
Fuyao Glass (03606.HK) plans to hold a board meeting on April 25 to approve quarterly results
Gelonghui, April 10, 丨 Fuyao Glass (03606.HK) announced that the board of directors will hold a board meeting on April 25, 2024 (Thursday) to consider and approve (including other matters) the quarterly results of the company and its subsidiaries for the three months ended March 31, 2024.
福耀玻璃:董事局會議召開日期
Fuyao Glass (600660.SH): Complete car glass products equipped with Xiaomi SU7 are provided to subsidiaries
Gelonghui, April 10 | Fuyao Glass (600660.SH) said on an interactive platform that the complete car glass products used in the Xiaomi SU7 are provided by Tianjin Hongde Auto Glass Co., Ltd., a wholly-owned subsidiary of the company.
Zheshang Securities: The new power pattern gradually clearly focuses on the new brand potential incubated by traditional car companies
The new energy transformation of traditional OEMs has also basically been completed, and the new power sub-brands they have incubated have initial brand effects, such as Geely JiKrypton, Changan Avita, and Dongfeng Rantu, all of which have strong parent company support and great potential for future development.
Bank of America Securities: Reiterates Fuyao Glass's (03606) “Buy” Rating Target Price Increase to HK$45
The Zhitong Finance App learned that Bank of America Securities released a research report stating that it reaffirmed Fuyao Glass (03606)'s “buy” rating and raised its revenue forecast for this year and next two years, but lowered its gross margin forecast by 1%, but raised the forecast for next year by 1%, and raised the target price from HK$44 to HK$45. According to the report, the company has been focusing on automotive glass production since 1987, with a global market share of more than 30%, and the mainland market share also exceeds 65%. Last year, the company's auto glass shipments increased 10% to 140 million square meters. The bank expects the global market share to continue to be promoted by the company's listing, and the company 20
China Merchants Securities: Downstream demand is improving, and the price of photovoltaic glass is expected to rise
China Merchants Securities released a research report saying that after experiencing a major expansion in production during the previous boom period, the price of photovoltaic glass remained low for a long period of time, and second-tier glass companies were generally unprofitable last year.
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