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Zheshang Securities Textile and Apparel Annual Report 23 and 24 Quarterly Report Performance Overview: Strong Export Chain and Brand-Side Differentiation
Textile and garment industry 23 annual report & 24 quarterly report performance summary
Zhejiang Xinao Textiles' (SHSE:603889) Solid Earnings May Rest On Weak Foundations
The recent earnings posted by Zhejiang Xinao Textiles Inc. (SHSE:603889) were solid, but the stock didn't move as much as we expected. However the statutory profit number doesn't tell the whole story
New Australia Shares (603889): Growth potential continues to strengthen
The company released 24Q1 earnings report with operating income of 1.1 billion yuan, an increase of 12%; net profit to mother of 96 million yuan, an increase of 6.6%; withheld of 93 million yuan, an increase of 6.4%; gross profit margin of 19.9% for the current period, an increase of 0.6 pct
Xinao Co., Ltd. (603889): Wool+cashmere two-wheel drive continues to fulfill expectations for a steady recovery in gross prices in 2024
Investment Highlights The company announced its 2023 annual report and 2024 quarterly report: 1) 2023: revenue of 4.438 billion yuan/yoy +12.37%, net profit of 404 million yuan/yoy +3.7%, deducted
Guoxin Securities released a research report on April 25 stating that the target price for the purchase rating of Xinao shares (603889.SH) is 8.4-9.0 yuan. The main reasons for the rating include: 1) business indicators remain positive, and capital expend
Guoxin Securities released a research report on April 25 stating that the target price for the purchase rating of Xinao shares (603889.SH) is 8.4-9.0 yuan. The main reasons for the rating include: 1) business indicators remain positive, and capital expenditure has increased significantly; 2) outlook: the growth rate of wool and worsted textile orders is impressive, the Q1 profit level has increased, and I am optimistic about the release of domestic and foreign production capacity; 3) textile, apparel and textile manufacturing. (Mainichi Keizai Shimbun)
New Australia shares (603889): Revenue increased 13% in the first quarter, gross margin increased slightly
Revenue increased by 12.5% in the first quarter, and the net interest rate declined slightly due to an increase in financial expenses. The company is a leading manufacturer of wool and cashmere spinning spindles. In the first quarter of 2024, the company's revenue increased 12.5% year-on-year to 1.1 billion yuan, returning net profit to mother
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