Demand for memory chips picked up, GigaYi innovated both revenue and profit growth in Q1 | Financial News

Q1 net profit increased 36.45% year over year, surpassing the full year of last year.

wallstreetcnApr 19 07:21 ET

Zhaoyi Innovation (603986.SH): Proposed 6.7814 million stock option incentive plan

Gelonghui, April 19 | Zhaoyi Innovation (603986.SH) announced the 2024 stock options incentive plan. The company plans to grant a total of 6.781,400 stock options to incentive recipients. The underlying stock types involved are RMB A shares common stock, accounting for 1.02% of the company's total share capital of 666.90.63.48 million shares when the draft incentive plan was announced.

Gelonghui FinanceApr 19 06:31 ET

Zhaoyi Innovation (603986.SH): Net profit of 161 million yuan in 2023 fell 92.15% year on year

On April 19, Ge Longhui Innovation (603986.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 5.761 billion yuan, a year-on-year decrease of 29.14%; net profit attributable to shareholders of listed companies was 161 million yuan, a year-on-year decrease of 92.15%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 274.06 million yuan, a year-on-year decrease of 98.57%; and basic earnings per share were 0.24 yuan.

Gelonghui FinanceApr 19 06:29 ET

Shanxi Securities: The trend of rising storage prices may continue for longer, and storage vendors are expected to welcome a double hit from Davis

The Zhitong Finance App learned that Shanxi Securities released a research report stating that considering that the operating profit margins of the three major storage manufacturers still have a lot of room to rise from historical highs, and that storage prices continue to rise for at least 6-8 quarters in each upward cycle, storage prices have only risen for 2 quarters in this upward cycle, so the storage price increase trend may continue for longer. In the future, as operating margins improve due to the continued rise in storage prices, storage vendors are expected to face a double hit in performance and valuation, and there is plenty of room for a rebound in the industry. The main opinion of Shanxi Securities is as follows: Shanxi Securities said that the price of upstream storage wafers

Zhitong FinanceApr 17 22:07 ET

Is Now The Time To Look At Buying Giga Device Semiconductor Inc. (SHSE:603986)?

Giga Device Semiconductor Inc. (SHSE:603986), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the past couple of months on the SHSE. While good ne

Simply Wall StApr 10 20:27 ET

Dongwu Securities: How do you view the storage sector in April? Focus on the two main lines of “price increase performance flexibility” and “localization”

In April, the two main lines of “price increase flexibility” and “localization” in the storage sector were clarified.

Zhitong FinanceApr 1 04:30 ET