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Fuzander (605050.SH): From January to May, the price of upstream automobile sheets was relatively weak, and the increase fell short of expectations
Gelonghui, May 16 | Furande (605050.SH) said at the performance briefing that the properties of automobile steel are customized products, which are different from the range of commodities recognized by the public, that is, general steel. From January to May 2024, the price of upstream automobile sheets was relatively weak. The increase fell short of expectations, which had some impact on the company's safe stock inventory, but the impact of the company's safety stock shipment volume on the company's overall profit was relatively manageable.
Fuzander (605050.SH): Net profit of 76.7066 million yuan in the first quarter decreased 10.08% year-on-year
Gelonghui, April 29 | Furande (605050.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 2,392 billion yuan, an increase of 12.23%; net profit attributable to shareholders of listed companies of 76.7066 million yuan, a year-on-year decrease of 10.08%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 75.2525 million yuan, a year-on-year decrease of 3.53%; and basic earnings per share of 0.16 yuan.
FriendLtd's (SHSE:605050) Profits May Not Reveal Underlying Issues
The recent earnings posted by Friend Co.,Ltd. (SHSE:605050) were solid, but the stock didn't move as much as we expected. We think this is due to investors looking beyond the statutory profits and be
Furande (605050): Develop new customers and expand the main business
Guide to this report: The company's 2023 performance is in line with expectations. Demand for the company's downstream automobiles is booming, and the company is actively developing new customers and expanding new processes. The company continues to invest in the main business, and it is expected that the main processing and distribution business will continue to contribute to the increase. Investment Essentials: Maintaining
Furande (605050): Strong performance in 23 years, double driving growth, 24 years of growth, and value chain extension
Investment highlights: Incident: Furander released the 2023 annual results report. The company achieved net profit of 417 million yuan, an increase of 36.85% over the same period last year, and achieved deductions attributable to shareholders of listed companies
Furande (605050.SH) plans to invest in the construction of steel and aluminum plate processing lines and stamping and welding lines in Wuhu, with a total investment of about 1.2 billion yuan
Furander (605050.SH) announced that the company, Wuhu First Intelligent Manufacturing Co., Ltd., a wholly-owned subsidiary of the company,...
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