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Weifu Hi-Tech (000581): The company's operations are improving, high dividends focus on shareholder returns
Key investment events: The company recently released its 2023 annual report and 24Q1 quarterly report. In 2023/2024Q1, the company achieved revenue of 11.093/2.03 billion yuan, respectively, -12.
Weifu Hi-Tech (000581): Net profit before and after deducting 24Q1 +32.4% and +54.3% year-on-year, respectively
Core view: The company's 24Q1 revenue and net profit before and after deduction were -7.7%, +32.4%, and +54.3%, respectively. The company released its 2024 quarterly report and achieved revenue of 2.90 billion yuan, -7.7 billion yuan year on year
Express News | Weifu Hi-Tech: Net profit of 549 million yuan in the first quarter increased 32.39% year-on-year
Weifu Hi-Tech (000581.SZ): Net profit of 549 million yuan in the first quarter increased 32.39% year-on-year
On April 24, Ge Longhui (000581.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 2.03 billion yuan, down 7.66% year on year; net profit attributable to shareholders of listed companies was 549 million yuan, up 32.39% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 549 million yuan, up 54.35% year on year; basic earnings per share were 0.56 yuan.
Weifu Hi-Tech (000581): The company released 2024Q1 results and the profit growth rate slightly exceeded expectations
Incident: The company released its 2024 quarterly report. In 24Q1, it achieved operating income of 2.9 billion yuan, -7.7% year on year; net profit to mother of 549 million yuan, +32.4% year on year; net cash flow from operating activities of 458.7 million yuan
Weifu Hi-Tech (000581): Steady operation of the company and significant increase in cash dividends
The company's net profit before and after deduction in '23 was +1446.3% and +1231.5%, respectively. The company released its 2023 annual report due to the macroeconomic environment, increased competition in the automotive industry, falling precious metals prices, heavy natural gas trucks and
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