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Tiannai Bonds Transfer: Holders' Meeting Deliberates and Passes Relevant Proposals
Jiangsu Tiannai Technology Co., Ltd. announced that the first “Tiannai Bonds Transfer” bondholders' meeting in 2024 has been held. The meeting reviewed and passed the “Proposal on Changing the Trustee Manager of “Tiannai to Bonds”.
Tiannai Technology (688116): Increased volume, steady profits, new products can be expected
Core view The company achieved revenue of 1,404 billion yuan in 2023, -24% year on year, net profit to mother of 297 million yuan, -30% year on year; 2024Q1 achieved revenue of 307 million yuan, +10% year on month, month over month-
Tiannai Technology (688116): Shipments continue to grow and profits are expected to gradually improve
The incident described that the company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of about 1.04 billion yuan, a year-on-year decrease of 23.75%, and achieved net profit to mother of 297 million yuan, a year-on-year decrease of 29 million yuan.
Tiannai Technology (688116): 24Q1 revenue and profit returned to positive year-on-year growth with excellent performance
The company achieved revenue of 1.4 billion yuan in 2023, YOY -24%, net profit to mother of 300 million yuan, YOY -30%, net non-net profit of 210 million yuan, YOY -47%, gross profit margin of 33.6%, YOY
Tiannai Technology (688116): Performance is in line with market expectations, and profits are expected to recover after subsequent changes in product structure
The results for 23 and 24Q1 were in line with expectations, and the 23Q4 investment income significantly increased profits. The company's revenue for 23 years was 1.4 billion yuan, down 24%; net profit attributable to mother was 300 million yuan, down 30% from the same period, and non-net profit of 210 million yuan was deducted.
Tiannai Technology (688116): 23 years of performance under pressure to actively introduce overseas customers
The 23-year performance declined year-on-year, and the company achieved revenue of 1,404 billion yuan in 2023, or -23.75% year on year, and net profit to mother of 297 million yuan, or -29.96% year-on-year. The main reason for the decline in the company's revenue and profit compared to the same period last year
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