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Huayang Group (002906): The full scale of the new smart cockpit project drives a high increase in 1Q24 performance
The 1Q24 performance was higher than our expectations for Huayang Group to release its 2024 quarterly report. In the 1Q24 quarter, the company achieved revenue of 1,991 billion yuan, a year-on-year increase of 51.34%, and net profit to mother was 142 million yuan, compared with the same period last year
Huayang Group (002906) 2024 Quarterly Report Review: Revenue and Profit Exceed Expectations Cross-Domain Integration+Full Central Computing Coverage
Incident: The company released its 2024 quarterly report. In the first quarter of 2024, the company achieved revenue of 1,991 million yuan, an increase of 51.3% over the previous year, and the company achieved net profit of 142 million yuan in the first quarter of 2024, the same
Huayang Group (002906): Accelerated release of performance kicks off a new round of growth
Core idea The full year of 2023 achieved revenue, net profit attributable to mother, and net profit of 71.37, 4.65, and 440 million yuan, with year-on-year increases of 26.59%, 22.17%, and 23.60%, respectively. The company is a country
Huayang Group (002906) Small and medium market information update: First quarter results have entered a fast track of growth, and there is plenty of room for automotive electronics development
The company released its 2024 quarterly report. Operating income and net profit to mother increased into Fast Track 2024Q1. The company achieved total revenue of 1,991 billion yuan, an increase of 51.34% over the previous year; net profit to mother was 142 million yuan.
Huayang Group (002906): 24Q1 performance increased year-on-year, and new product release entered the harvest period
24Q1 revenue and net profit attributable to mother were +51.3% and +83.5%, respectively. According to financial reports, the company achieved revenue of 1.99 billion yuan in 24Q1, +51.3% year-on-year, and realized net profit of 1 before and after deduction, respectively
Huayang Group (002906): Performance is better than market expectations, automotive electronics business continues to expand
The performance was better than market expectations. Revenue for the first quarter was 1,991 billion yuan, up 51.3% year on year; net profit to mother was 142 million yuan, up 83.5% year on year; net profit after deducting non-return to mother was 138 million yuan, up 89 percent year on year.
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