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Little Excitement Around Fuyao Glass Industry Group Co., Ltd.'s (SHSE:600660) Earnings
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 32x, you may consider Fuyao Glass Industry Group Co., Ltd. (SHSE:600660) as an attractive investment with its
Simply Wall StApr 30 23:26 ET
Goldman Sachs: Maintaining Fuyao Glass's “Buy” Rating and Raising the Target Price to HK$51
Goldman Sachs released a research report stating that it maintained Fuyao Glass (03606)'s “buy” rating, raised its 2024-2026 profit forecast by 1% to 9%, and believes that strong profitability will be maintained. The target price was raised from HK$47 to HK$51. The company's first-quarter results beat market expectations and only met this forecast. According to the report, Fuyao Glass's revenue in the first quarter was 8.8 billion yuan, up 25% year on year and down 5% from quarter to quarter; net profit was 1.4 billion yuan, up 52% year on year and down 8% from quarter to quarter. The gross profit margin was 36.8%, up 0.3 percentage points from quarter to quarter, the best in the past 12 quarters, mainly
新浪港股Apr 29 05:47 ET
[Special Offer V] Deng Shengxing: The market is looking forward to announcing the interest rate results on Wednesday, and Hong Kong stocks will rush to 10,000
Jinwu Financial News | The Hang Seng Index closed at 17,651 points on Friday (26th), up 366 points, or 2.12%. Full-day transactions amounted to $157.242 billion. The national index rose 2.44% to 6269; the index rose 4.61% to 3,718. Tencent (00700) rose 2.65% to 348.4 yuan; Meituan (03690) rose 3.68% to 115.6 yuan; Ali (09988) increased 3.15% to 75.3 yuan. The Dow closed at 38,239 points, up 153 points or 0.4% on Friday (26th); the index rose 1.02% to 5099 points; Na
金吾財訊Apr 28 21:31 ET
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
MT NewswiresApr 26 04:30 ET
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.
Zhitong FinanceApr 25 21:32 ET
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.
新浪港股Apr 25 20:52 ET
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