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Tongcheng New Materials (603650): 1Q24 performance exceeded expectations, various photoresist products will soon be released
Incident: On April 29, 2024, Tongcheng New Materials released its report for the first quarter of 2024. In the first quarter of 2024, the company achieved revenue of 782 million yuan, an increase of 17.57% over the previous year; achieved net profit to mother1.
Express News | Tongcheng New Materials: A new breakthrough has been made in the photoresist product line. It is expected that many ARF/ArFi products will gradually be mass-produced and introduced in the second half of the year
Tongcheng New Materials (603650.SH) announced first-quarter results, net profit of 144 million yuan, up 74.29% year on year
Tongcheng New Materials (603650.SH) released its report for the first quarter of 2024. The company's revenue was 7.82...
Tongcheng New Materials (603650): Significant increase in performance, photoresist creates second growth pole
Tongcheng New Materials released its 2023 annual report: the company achieved revenue of 2,944 billion yuan in 2023, an increase of 17.74% over the previous year; realized net profit of 407 million yuan, an increase of 36.37% over the previous year; achieved net deduction of not to mother
Minsheng Securities released a research report on April 25 stating that it gave Tongcheng New Materials (603650.SH) a recommended rating. The main reasons for the rating include: 1) strong growth in performance and continuous release of photoresist produc
Minsheng Securities released a research report on April 25 stating that it gave Tongcheng New Materials (603650.SH) a recommended rating. The main reasons for the rating include: 1) strong growth in performance and continuous release of photoresist products; 2) the Shanghai factory was completed and put into operation, highlighting cost control advantages; 3) the tire market is recovering, and the specialty rubber additives business is booming. (Mainichi Keizai Shimbun)
Tongcheng New Materials (603650): New products and new customers continue to break through, and ARF photoresist is expected to start in the second quarter
Incident: The company released its 2023 annual report, achieving operating income of 2,944 million yuan, yoy +17.74%; realized net profit of 407 million yuan, yoy +36.37%; realized net profit deducted from non-mother 3
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