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Electric connection technology (300679): 1Q24 performance exceeded expectations, optimistic that automotive connectors will continue to grow at a high rate
The 2023 results were in line with our expectations, and the 1Q24 results exceeded our expectations. The company announced 2023 results: revenue of 3.129 billion yuan, an increase of 5.37% over the previous year. Net profit attributable to mother was 356 million yuan, a year-on-year decrease of 1
Tianfeng Securities released a research report on April 26 stating that it gave Electric Connect Technology (300679.SZ) a purchase rating. The main reasons for the rating include: 1) the consumer electronics boom is picking up, and BTB connectors are brin
Tianfeng Securities released a research report on April 26 stating that it gave Electric Connect Technology (300679.SZ) a purchase rating. The main reasons for the rating include: 1) the consumer electronics boom is picking up, and BTB connectors are bringing in new volume; 2) the layout of the international market, and the entry of consumer electronics and automobiles into overseas markets. (Mainichi Keizai Shimbun)
Electric connection technology (300679): 1Q24 revenue and net profit after deducting non-return to mother all reached record highs
1Q24 revenue and net profit after deducting non-return to mother both hit record quarterly highs. In 2023, the company achieved revenue of 3.129 billion yuan (YoY +5.4%) and realized net profit of 356 million yuan (YoY -19.6%).
Electric connection technology (300679): Performance continues to exceed expectations; consumer electronics and automobiles resonate
Event: Electric Link Technology released its 2023 annual report and 2024Q1 quarterly report, achieving revenue of $3.119 billion and $1,040 million, up 5.37% and 68.77% year-on-year, and achieving net profit of $356 million to mother
Electric connection technology (300679.SZ): As of April 19, 2024, the number of shareholders of the company was 12,982
Gelonghui, April 25, 丨 Electric Link Technology (300679.SZ) said on the investor interactive platform that as of April 19, 2024, the number of shareholders of the company was 12,982.
Express News | Electric connection technology: the company's automotive connector production capacity utilization rate was high in the first quarter
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