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Solid Earnings May Not Tell The Whole Story For Xiamen TungstenLtd (SHSE:600549)
The market shrugged off Xiamen Tungsten Co.,Ltd.'s (SHSE:600549) solid earnings report. We did some digging and believe investors may be worried about some underlying factors in the report. SHSE:6
Xiamen Tungsten Co.,Ltd.'s (SHSE:600549) Stock Price Dropped 8.6% Last Week; Private Companies Would Not Be Happy
Key Insights The considerable ownership by private companies in Xiamen TungstenLtd indicates that they collectively have a greater say in management and business strategy A total of 6 investors have
Hong Kong Stock Concept Tracking | Contradictions between supply and demand increasingly highlight tungsten prices reaching a ten-year high! (with concept shares)
Recently, the price of tungsten has continued to rise, reaching a new high of nearly ten years.
Xiamen Tungsten to Build Energy Material Plant in China for 278 Million Yuan; Shares Fall 6%
Xiamen Tungsten (SHA:600549), through subsidiary Xiamen Xiatungsten New Energy Materials, will construct a high-end energy materials plant for 277.9 million yuan, according to the company's filing on
Xiamen Tungsten Industry (600549.SH): Net profit increased 10.75% year-on-year in 2023, plans to pay 10 to 4 yuan
Gelonghui, April 18 | Xiamen Tungsten Industry (600549.SH) released its 2023 annual report. Operating revenue for the reporting period was 39.398 billion yuan, down 18.30% year on year; net profit attributable to shareholders of listed companies was 1,602 billion yuan, up 10.75% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1.4 billion yuan, up 13.29% year on year; basic earnings per share were 1.1351 yuan. It is proposed to distribute a cash dividend of 4 yuan (tax included) for every 10 shares.
Huaan Securities: The conflict between supply and demand for tungsten resources is increasingly prominent, focusing on increases in the fields of hard alloy, photovoltaic tungsten wire, military industry, etc.
Demand for downstream photovoltaic tungsten wire, hard alloy, etc. is growing steadily, and the conflict between supply and demand for tungsten resources is becoming more and more prominent.
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