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Wanlian Securities released a research report on April 25 stating that it gave Xinmedia shares (300770.SZ) a purchase rating. The main reasons for the rating include: 1) From the revenue and profit side, performance is growing steadily; 2) from the cost s
Wanlian Securities released a research report on April 25 stating that it gave Xinmedia shares (300770.SZ) a purchase rating. The main reasons for the rating include: 1) From the revenue and profit side, performance is growing steadily; 2) from the cost side, the cost rate is well controlled and the cost rate remains stable; 3) judging from the gross profit margin and net margin, the gross margin is relatively stable, and the 24Q1 net interest rate declined due to tax adjustments; 4) Internet TV business: the company upgraded cloud audiovisual product functions and steadily promoted the smart terminal business; 5) innovate and explore the XR business to jointly build an ultra-high definition key laboratory. (Mainichi Keizai Shimbun)
Xinmedia Co., Ltd. (300770) Review Report: Steady Growth in 2023 Performance Enhances Refined Content Operation
The company publishes the 2023 annual report and the 2024 quarterly report. From the perspective of revenue and profit, performance has been growing steadily. In 2023, it achieved revenue of 1,523 billion yuan (YoY +6.64%), and net profit to mother 7.
Xinmedia Co., Ltd. (300770): The main business is relatively steady and positive dividends return to shareholders
The results for 2023 and 1Q24 were slightly lower than our expectations. The company announced 2023 and 1Q24 results: operating income of $1,523 million in 2023, an increase of 6.6% over the previous year; net profit to mother of $708 million
Xinmedia Co., Ltd. (300770): Steady growth in 23 years, 24Q1 tax rate affects profits
The 24Q1 income tax rate change affected net profit. In '23, a dividend of 426 million yuan, Xinmedia Co., Ltd. released an annual report. In 2023, it achieved revenue of 1,523 billion yuan (yoy +6.64%), and net profit of 708 million yuan to mother
Xinmedia Co., Ltd. (300770): Steady growth in main business and continued diversification of the layout
Event: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 1,523 million yuan (YoY +6.64%) and net profit to mother of 708 million yuan (YoY+2.
Xinmedia Co., Ltd. (300770.SZ): Net profit of 148 million yuan in the first quarter decreased 13.19% year-on-year
On April 22, Ge Longhui Co., Ltd. (300770.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 401 million yuan, up 12.30% year on year; net profit attributable to shareholders of listed companies was 148 million yuan, down 13.19% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 148 million yuan, down 10.10% year on year; basic earnings per share were 0.65 yuan.
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