Investors Still Aren't Entirely Convinced By First Tractor Company Limited's (HKG:38) Earnings Despite 34% Price Jump
First Tractor Company Limited (HKG:38) shares have continued their recent momentum with a 34% gain in the last month alone. Looking back a bit further, it's encouraging to see the stock is up 96% i
Changes in Hong Kong stocks | Yituo Shares (00038) rose more than 10%, net profit to mother increased 23.4% year-on-year in the first quarter, and the company is expected to fully benefit from large-scale equipment updates
Yituo Shares (00038) rose nearly 10%. As of press release, it rose 9.79% to HK$7.96, with a turnover of HK$21.44,400.
First Tractor Co., Ltd. announced first-quarter results, net profit of about 599 million yuan, an increase of 23.4% year-on-year
First Tractor Co., Ltd. (00038) announced its results for the first quarter of 2024, with operating income of about 4.656 billion yuan, up 11.11% year on year; net profit attributable to shareholders of listed companies was about 599 million yuan, up 23.4% year on year; basic earnings per share were 0.5334 yuan.
Hong Kong Stock Concept Tracking | Demand recovery compounded by continuous improvement in overseas catalytic construction machinery boom, and the inflection point in the cycle is gradually showing (with concept stocks)
Some brokerage firms said that the construction machinery and equipment renewal cycle may be approaching, and a series of large-scale equipment renewal policies are expected to boost the market recovery.
First Tractor Co., Ltd. (00038.HK)'s net profit for the first quarter was 599 million yuan, up 23.40% year-on-year
Gelonghui, April 25, 丨 First Tractor Co., Ltd. (00038.HK) announced that in the first quarter of 2024, the company achieved operating income of 4.656 billion yuan, an increase of 11.11%; net profit attributable to shareholders of listed companies was 599 million yuan, an increase of 23.40% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 596 million yuan, an increase of 24.39% year on year.
第一拖拉機股份:2024年第一季度報告
Yituo Co., Ltd. (601038.SH): Net profit of 599 million yuan in the first quarter increased 23.4% year-on-year
On April 25, Ge Longhui Co., Ltd. (601038.SH) released its report for the first quarter of 2024, achieving operating income of 4.656 billion yuan, an increase of 11.11%; net profit attributable to shareholders of listed companies of 599 million yuan, an increase of 23.40% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 596 million yuan, an increase of 24.39% year on year; and basic earnings per share of 0.5334 yuan.
First Tractor Co., Ltd. will pay a final dividend of 0.3194 yuan per share on July 31
First Tractor Co., Ltd. (00038) announced that it will pay a final dividend of RMB 0.3194 per share for the year ended 31 December 2023 on July 31, 2024.
Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. One common approach is to try and find a company with return
FIRST TRACTOR To Go Ex-Dividend On May 31st, 2024 With 0.35216 HKD Dividend Per Share
April 25th - $FIRST TRACTOR(00038.HK)$ is trading ex-dividend on May 31st, 2024. Shareholders of record on June 3rd, 2024 will receive 0.35216 HKD dividend per share on July 31st, 2024. The ex-div
第一拖拉機股份:2023年度報告
Hong Kong Stock Concept Tracking | The Ministry of Finance arranged 24.6 billion yuan this year to support agricultural machinery purchase and application subsidies, agricultural machinery companies attracted attention (with concept stocks)
Ministry of Finance: Allocate 24.6 billion yuan this year to support agricultural machinery purchase and application subsidies to step up implementation of agricultural machinery scrapping updates
GF Securities: Equipment updates combined with rapid growth in overseas demand, agricultural machinery leaders are expected to benefit first
The Zhitong Finance App learned that GF Securities released a research report stating that agricultural machinery products are diverse, the industry space is large, and demand is growing steadily. Agricultural machinery is affected by factors such as farming processes, terrain, and crops, and has various characteristics. After decades of development, agricultural machinery in China has initially entered a mature period. The industry space is large, and demand is growing steadily against the backdrop of increased food security and per capita food consumption. Large-scale equipment updates are expected to drive a new round of renewal and replacement demand, compounded by rapid growth in overseas demand, and agricultural machinery leaders are expected to benefit first. Recommended attention: Tractor Leader Yituo Co., Ltd. (601038.SH), focus
Hong Kong Stock Concept Tracking | Three Departments Issued! The focus on “new industrialization” is once again increasing, and many industry sectors are worth watching (with concept stocks)
The Zhitong Finance App learned that in 2024, new quality productivity and new industrialization will become high-frequency hot topics in policy and industry. This year's government work report proposes vigorously promoting the construction of a modern industrial system and speeding up the development of new quality productivity. Give full play to the leading role of innovation, promote industrial innovation through scientific and technological innovation, accelerate new industrialization, increase total factor productivity, continuously shape new momentum and advantages for development, and promote a new leap forward in social productivity. This year's government work report “sets out industrial priorities” to accelerate the development of new quality productivity and promote the development of new industrialization. Yesterday (April 16), the National Financial Supervisory Authority
First Tractor Co., Ltd. (00038.HK) held a board meeting on April 25 to review and approve the first quarter results
Gelonghui April 15 | First Tractor Co., Ltd. (00038.HK) announced that it will hold a board meeting on April 25, 2024 to review and approve (including) the company's first quarter results for the three months ended March 31, 2024 for publication, and to handle any other matters.
Changes in Hong Kong stocks | First Tractor Shares (00038) rose more than 4%. The company is expected to benefit from policies such as agricultural machinery and equipment renewal or further increase in market share
First Tractor Shares (00038) rose more than 4%. As of press release, it had risen 4.04% to HK$7.47, with a turnover of HK$12.279,900.
Here's Why We Think First Tractor (HKG:38) Might Deserve Your Attention Today
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage
Changes in Hong Kong stocks | First Tractor Shares (00038) rose by more than 5% large-scale equipment upgrades and trade-ins or as a new engine for the agricultural machinery industry
First Tractor Shares (00038) rose more than 5% and rose 5.56% at press time to HK$6.83, with a turnover of HK$13.45 million.
Changes in Hong Kong stocks | Zoomlion Heavy Industries (01157) rose more than 4%, leading seven construction machinery stock departments to promote large-scale equipment upgrades in the industrial sector
Construction machinery stocks generally rose in early trading. As of press release, Yituo shares (00038) rose 4.64% to HK$6.77; Zoomlion Heavy Industries (01157) rose 3.72% to HK$5.85; Weichai Power (02338) rose 2.22% to HK$16.6; and Sinotruk (03808) rose 1.61% to HK$22.15.
Hong Kong Stock Concept Tracking | Seven Departments Jointly Issued Documents Promoting Equipment Updates in the Industrial Sector, Multiple Sectors Are Worth Watching (with Concept Stocks)
Fan Meng, director of the Industrial Investment Research Office of the Planning Institute of the China Electronics and Information Industry Development Research Institute, said that according to historical data estimates, China's industrial equipment investment accounts for more than 70% of the entire society's equipment investment, and is an important force in equipment renewal.
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