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Taihua New Materials (603055): Performance exceeds expectations, differentiation strategy promotes the company's continued growth
Incident: The company released its quarterly report for the year 24. In 24Q1, the company achieved operating income of 1.47 billion yuan, a year-on-year increase of 52% and a year-on-month decrease of 7%; realized net profit of 150 million yuan, an increase of 101% year-on-year, and a month-on-month increase of 2
Taihua New Materials (603055): Strong production and sales, beautiful performance, high growth
Guide to this report: 2024Q1 benefited from strong demand for downstream inventory replenishment. The company's revenue increased by 52% year on year, and profits doubled; in 2024, the company's orders are improving, and the trend of strong production and sales is expected to continue, and high annual performance can be expected. invests
Taihua New Materials (603055): Q1 performance exceeded expectations, profitability continued to improve
Core view: The company announced financial results for the first quarter of 2024. According to financial reports, 2024Q1 achieved revenue of 1,472 billion yuan, +51.72% year-on-year, and net profit of 150 million yuan to mother, +101.13 million yuan year-on-year
Taihua New Materials (603055.SH) announced first-quarter results. Net profit of 150 million yuan increased 101.13% year over year
Taihua New Materials (603055.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 1...
There May Be Underlying Issues With The Quality Of Zhejiang Taihua New MaterialLtd's (SHSE:603055) Earnings
Unsurprisingly, Zhejiang Taihua New Material Co.,Ltd's (SHSE:603055) stock price was strong on the back of its healthy earnings report. However, we think that shareholders may be missing some concern
Taihua New Materials (603055): Accelerated growth in 23Q4, 24 years of improved demand, continued release of production capacity
In 2023, the company actively promoted the construction of Taihua's green multifunctional nylon new material integration project. Revenue and profit increased 27% and 67% year-on-year respectively, and the growth rate accelerated in Q4. As downstream brands enter a new inventory replenishment cycle, the company will continue
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