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Yake Technology (002409) 2023 Report and 2024 Quarterly Report Review: Revenue of LNG insulation materials doubled in 23 and continued to promote the construction of a strategic emerging materials platform
Incident 1: The company released its 2023 annual report. In 2023, the company achieved revenue of 4.738 billion yuan, an increase of 11.24% over the previous year; achieved net profit of 579 million yuan, an increase of 10.43% over the previous year; achieved deduction of negative funds
Minsheng Securities released a research report on April 27 stating that it gave Yake Technology (002409.SZ) a recommended rating. The main reasons for the rating include: 1) the steady increase in revenue in the first quarter, with significant month-on-mo
Minsheng Securities released a research report on April 27 stating that it gave Yake Technology (002409.SZ) a recommended rating. The main reasons for the rating include: 1) the steady increase in revenue in the first quarter, with significant month-on-month improvement in performance; 2) the production capacity of precursor products climbed, and photoresists made breakthrough progress; 3) the LNG business had sufficient orders in hand, and long-term profitability steadily increased. (Mainichi Keizai Shimbun)
Yake Technology (002409): The rise of domestic storage is a pioneer leader enjoying the dividends
Incident: The company released its 2023 annual report and 2024 quarterly report, with impressive growth in Q1. In 2023, the company achieved operating income of 4.738 billion yuan, +11.24% year-on-year; net profit to mother was 579 million yuan.
Yake Technology (002409): Revenue from LNG insulation materials doubled in 23, 1Q24 performance exceeded expectations
The 2023 results were slightly lower than our expectations, and the 1Q24 performance exceeded expectations. The company announced 2023 and 1Q24 results: in 2023, the company achieved revenue of 4.738 billion yuan, +11.2% year-on-year; achieved net profit to mother
Yake Technology (002409): 24Q1 performance exceeds expectations, new material platform construction continues to advance multiple businesses and enter a period of high growth
The company released its 2023 annual report, and Q4 results were dragged down by expenses: during the reporting period, the company achieved revenue of 4.738 billion yuan (YoY +11%), achieved net profit attributable to mother of 579 million yuan (YoY +11%), and achieved negative deductions
Yake Technology (002409): High year-on-year revenue growth in 24Q1, strong LNG plate business
Jacques Technology released its 2023 annual report and 2024 first quarter report. The company achieved operating income of 4.738 billion yuan in 2023, an increase of 11.24% over the previous year; net profit to mother was 579 million yuan, an increase of 10.4 million yuan over the previous year
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