Qifan Cable (605222.SH)'s net profit of 85.3 million yuan in the first quarter decreased by 44.89% year-on-year

Gelonghui, April 29丨Qifan Cable (605222.SH) announced that in the first quarter of 2024, the company's revenue was 4.8 billion yuan, up 5.27% year on year; net profit attributable to shareholders of listed companies was 85.3 million yuan, a year-on-year decrease of 44.89%; and basic earnings per share were 0.20 yuan/share.

Gelonghui FinanceApr 29 16:13

Qifan Cable (605222.SH): No products related to high-speed copper cable connections

Gelonghui, April 11 | Qifan Cable (605222.SH) said on an interactive platform that the company has many product models and specifications, and is widely used in various fields such as electricity, home improvement, construction engineering, new energy, communications, ships/ships, and intelligent equipment. Runze Technology is the company's customer, and the company has no products related to high-speed copper cable connections.

Gelonghui FinanceApr 11 17:03

Express News | Great Wall Securities: Demand for offshore wind power is about to be released

BreakingsApr 10 08:56

Sailing Cable (605222): Thirty years of hard work, the wind “started” when it “sailed”

Core view: established first-line cable suppliers, increase submarine cables to open up room for growth. Established in 1994, the company is the largest power cable supplier in Shanghai, specializing in various types of power cables and their supporting equipment. The company was founded in 2020

廣發證券Apr 8 00:00

Qifan Cable (605222): 23 years of steady growth in performance and pressure on profitability

Incident: The company released its 2023 annual report. In 2023, it achieved operating income of 23.348 billion yuan, an increase of 13.10% over the previous year (compared with the 2022 data before adjustment, same below), and net profit of 423 million yuan to mother.

光大證券Mar 30 00:00

Qifan Cable (605222): Cash flow has improved significantly, and the submarine cable business is about to expand

Investment highlights: Incident: On the evening of March 28, 2024, the company released its annual report for the year 23, and the performance was in line with expectations. In '23, the company achieved operating income of 23.35 billion yuan, an increase of 13% over the previous year; net profit to mother was 420 million yuan, a year-on-year increase

華福證券Mar 29 14:41