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The tire sector was cashed out. Triangle Tire plummeted 7%, Sailun Tire and Morikirin fell more than 3%, and Guizhou Tire and General Motors Co., Ltd. collectively declined.
The tire sector was cashed out. Triangle Tire plummeted 7%, Sailun Tire and Morikirin fell more than 3%, and Guizhou Tire and General Motors Co., Ltd. collectively declined.
Huajin Securities released a research report on April 27 stating that it gave Mori Kirin (002984.SZ) a purchase rating. The main reasons for the rating include: 1) high increase in profit and outstanding performance; 2) domestic and foreign demand resonat
Huajin Securities released a research report on April 27 stating that it gave Mori Kirin (002984.SZ) a purchase rating. The main reasons for the rating include: 1) high increase in profit and outstanding performance; 2) domestic and foreign demand resonates, and the tire boom continues; 3) implementation of anti-tax rate reduction policies to enhance the company's competitiveness and profitability; 4) the global layout continues to advance to help medium- to long-term growth. (Mainichi Keizai Shimbun)
Mori Kirin (002984): Outstanding performance, high growth, global layout helps continued growth
Key investment events: Mori Kirin released its 2024 quarterly report. 2024Q1 achieved revenue of 2.115 billion yuan, a year-on-year increase of 27.59% and a month-on-month increase of 0.73%; net profit to mother was 504 million yuan, year-on-year
Mori Kirin (002984): Benefiting from lower anti-dumping duty rates and a sharp year-on-year increase in company profits, optimistic about the progress of the company's Morocco project
Incident: On April 18, 2024, Mori Kirin released its 2024 quarterly report. The 1Q24 company's revenue was 2.115 billion yuan, up 27.59% year on year, up 0.73% month on month; net profit to mother was
Mori Kirin (002984): Net profit to mother increased 34.28% month-on-month in 2024Q1 and continued to promote international production capacity layout
2024Q1 net profit to mother increased 34.28% month-on-month. 2024Q1, the company achieved revenue of 2.115 billion yuan, a year-on-year increase of 27.59% and a month-on-month increase of 0.73%; achieved net profit of 504 million yuan to mother
Express News | Mori Kirin: It is proposed to adjust the maximum share repurchase price from 24.73 yuan/share to 32.77 yuan/share
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