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Eucom (688308.SH) 2023 equity distribution: 3.5 yuan for every 10 shares, share registration on May 31
Eurovision (688308.SH) issued the 2023 equity distribution implementation notice. The company plans to implement equity distribution...
Eurovision (688308.SH): Currently, the company is switching some blade production capacity
Gelonghui, May 6 | Eurocom (688308.SH) Investor Relations Activity Minutes show that with the promotion of domestic tool import substitution, the middle and high-end markets are increasingly accepting domestic brands, while the production capacity of high-end domestic knives is insufficient and supply is in short supply. Among the company's current CNC blade production capacity, the production capacity for high-end products is far from enough. Currently, the company is switching some blade production capacity to increase the production capacity of high-end products required by the market.
Eurovision (688308.SH): In April, the company issued a price increase notice for hard alloy products
GLONGHUI, May 6 | The minutes of Eurovision (688308.SH) investor relations activities show that the company insists on iterative product upgrades and high-end customer upgrading, insists on middle and high-end import substitution, and the overall price of the product has continued to rise steadily. At the end of January 2024, the company issued a price increase notice for CNC tool products. According to the average price data for CNC tool products for the first quarter, the price increase was higher than expected. In April 2024, the company also issued a price increase notice for hard alloy products. At the same time, as raw materials rose, the prices of the company's products were further raised. In the future, the company will continue to promote new product research and development
Eurovision (688308.SH): The share of CNC tool exports in the first quarter exceeded expectations, and overseas markets expanded rapidly
Gelonghui, May 6 | Eurocom (688308.SH) Investor Relations Activity Minutes show that in the first quarter of 2024, the company achieved sales revenue of 264 million yuan with the strategic goal of “improving domestic quality and increasing overseas volume”. The revenue from CNC tools was 141 million, of which the comprehensive gross margin for self-produced CNC blades was about 43%; the overall revenue from hard alloy tools was 14.64 million yuan. The overall tool was in the early stages of production, and the gross margin changed from negative to positive at the end of last year. The revenue from hard alloy products was 120 million yuan, of which 41.31 million yuan was earned from bars. CNC tool products sold 18.55 million pieces, with an average price of 7.63 yuan/piece
Shaky Earnings May Not Tell The Whole Story For OKE Precision Cutting Tools (SHSE:688308)
OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) lackluster earnings announcement last week disappointed investors. We looked deeper and believe that there is even more to be worried about, beyo
ECB (688308.SH): Net profit for the first quarter was 298.492 million yuan, down 49.66% year on year
Gelonghui, April 29丨Eurovision (688308.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 264 million yuan, a year-on-year decrease of 7.03%; net profit attributable to shareholders of the Bank of 298.492 million yuan, a year-on-year decrease of 49.66%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 13.3718 million yuan, a year-on-year decrease of 72.43%; and basic earnings per share of 0.19 yuan.
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