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Donghong Co., Ltd. (603856.SH): The company's pipeline products can be used in the field of pumped energy storage
Gelonghui, May 23丨Donghong Co., Ltd. (603856.SH) said on the investor interactive platform that the company's pipeline products can be used in the field of pumped energy storage. In order to better develop business in the field of pumped energy storage, the company has set up a special business department to carry out specialized marketing layout for this field. In addition to the Loning project, there are other related projects being tracked.
Donghong Co., Ltd. (603856.SH): PE pipeline products and steel wire pipeline products have high gross margins, and anti-corrosion pipeline products have low gross margins
Gelonghui, May 15, 丨 Donghong Co., Ltd. (603856.SH) said at the performance briefing that due to the complexity of the production process and technical difficulty of the company's various products, there are differences in the gross margin of the company's products. The company's PE pipeline products and steel wire pipeline products have a high gross margin, and the gross margin of anticorrosive pipeline products is low. Gross profit fluctuates from period to period due to the structure of sales products. Sales of anticorrosive pipeline products increased in the first quarter of 2024 compared to the same period last year, leading to a decline in gross profit.
Donghong Co., Ltd. (603856.SH) announced its 2023 annual results, and net profit of 161 million yuan increased 7.99% year over year
Donghong Co., Ltd. (603856.SH) released the 2023 annual performance report. The company achieved operating income of 2 during the reporting period...
Is Shandong Donghong Pipe Industry Co., Ltd. (SHSE:603856) Worth CN¥9.6 Based On Its Intrinsic Value?
Key Insights Using the Dividend Discount Model, Shandong Donghong Pipe Industry fair value estimate is CN¥7.25 Current share price of CN¥9.61 suggests Shandong Donghong Pipe Industry is potentially
Donghong Pipe Bags 106 Million Yuan Steel Pipe Supply Contract
Shandong Donghong Pipe Industry (SHA:603856) has landed a contract worth 106 million yuan to supply plastic-coated composite steel pipes to a water conservancy company. The company will supply the pro
Donghong Co., Ltd. (603856.SH): Signed 106 million yuan plastic-coated composite steel pipe contract
Gelonghui, January 3 | Donghong Co., Ltd. (603856.SH) announced that the company recently received a “Sales Contract” signed with Shanxi Water Resources Construction Engineering Bureau Group Co., Ltd. The subject of this contract is plastic-coated composite steel pipes, and the contract amount is RMB 106 million.
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