688156 Road Environment Technology Co.,Ltd
- 17.10
- +0.20+1.18%
Road Environment Technology Co.,Ltd News
Luther Environment (688156): The lees feed business continues to develop rapidly, and the results of sales & R&D improvements are gradually showing
Incident: The company released the 2023 annual report and the first quarter report of 2024. In 23, the company achieved revenue of 350 million yuan, an increase of 2.6% over the previous year; achieved net profit of 0.27 million yuan, an increase of 4.0% over the previous year
Luther Environment (688156): The volume and price of lees feed are under pressure, and the performance is lower than our expectations
The 2023 and 1Q24 results fell short of our expectations. Luther Environment announced 2023 and 1Q24 results: 2023 operating income of 351 million yuan, +2.6% year-on-year; net profit to mother of 27 million yuan.
Luther Environment (688156.SH): Recertified as a high-tech enterprise
Gelonghui, May 6 | Luther Environment (688156.SH) announced that the company recently received the “High-tech Enterprise Certificate” jointly issued by the Hubei Provincial Department of Science and Technology, the Hubei Provincial Department of Finance, and the Hubei Provincial Taxation Bureau of the State Administration of Taxation. The certificate number is GR202342006614. The date of issue is December 8, 2023, and is valid for three years. This certification is a re-certification carried out after the expiration of the company's original high-tech enterprise certificate.
Luther Environment (688156): High sales of lees feed in 24Q1 to create new biofermented productivity
Key investment events: In 2023, the company's revenue was 351 million yuan (+2.63% year-on-year, same below), net profit to mother was 0.27 million yuan (+4.02%); 2024Q1's revenue was 68 million yuan (+
Luther Environment (688156) Company Incident Review Report: Q1 Profits Exceed Expectations, Liquor Lees Business Is Developing Smoothly
Incident On April 25, 2024, Luther Environmental released its 2023 Annual Report and 2024 Quarterly Report. Key Investment Points Q1 Profit Flexibility Release, Increased Expense Investment, Annual Results Meet Expectations, Q1 Profit Flexibility Release
Luther Environmental (688156) Company Information Update Report: The share of traditional environmental protection businesses has declined, and the biomass slag business continues to grow
2024Q1 revenue is growing steadily. The biofermentation business is regarded as an important direction for new quality productivity, and is expected to benefit the company's revenue of 351 million yuan in 2023, an increase of 2.6% over the previous year, and net profit to mother of 0.27 million yuan, a year-on-year increase
Luther Environment (688156): The 24Q1 growth rate is relatively fast, and we expect continuous improvement on both sides of supply and marketing
Incident: Luther Environmental released its 2023 Annual Report and 2024 Quarterly Report. In 2023, the company achieved operating income of 351 million yuan, +2.63% year-on-year; net profit to mother was 26.97 million yuan, +4.02 million yuan year-on-year
Luther Environment (688156): Biofermented feed accounts for more than half of revenue, and cash flow improved markedly
The incident described Luther Environment's operating revenue of 351 million yuan in 2023, an increase of 2.63% year on year, and net profit to mother of 0.27 million yuan, an increase of 4.02% year on year; 2024Q1 achieved revenue of 0.6 million yuan in a single quarter
Tianfeng Securities released a research report on April 28 stating that it gave Luther Environment (688156.SH) a purchase rating. The main reasons for the rating include: 1) seizing the historical development opportunities of the waste recycling industry,
Tianfeng Securities released a research report on April 28 stating that it gave Luther Environment (688156.SH) a purchase rating. The main reasons for the rating include: 1) seizing the historical development opportunities of the waste recycling industry, with 300,000 tons of new production capacity under construction in 24 years; 2) + Jinsha Phase I) with a total production capacity of 170,000 tons/year, with a total production capacity under construction (Zunyi Luther+Bozhou Lude+Yongle Road) totaling 300,000 tons/year; 3) Liquor lees biological feed accounted for more than 50% of annual revenue in 2023 for the first time; 4) profit forecast & investment suggestions. (Mainichi Keizai Shimbun)
Luther Environment (688156): Liquor lees accounted for more than 50% of biological feed revenue in '23, and a new production capacity of 300,000 tons is under construction in '24
Incident: The company released its 2023 annual report and 24Q1 quarterly report. In 2023, the company achieved total revenue of 351 million yuan, an increase of 2.63% over the previous year, and net profit to mother of 0.27 million yuan, an increase of 4.02% over the previous year; 24Q1
Luther Environment (688156.SH): Net profit of 5.67 million yuan in the first quarter increased 54.15% year over year
On April 25, GLONGHUI (688156.SH) released its first quarter report. Operating revenue was 67.95 million yuan, up 21.90% year on year, net profit of 5.67 million yuan, up 54.15% year on year, after deducting non-net profit of 5.075,800 yuan, up 88.16% year on year, with basic earnings of 0.06 yuan per share.
Luther Environment (688156) Company Comment: The planned volume of the lees project is increasing, and the alkali slag project is expected to be put into operation
Performance Brief On the evening of April 25, 2024, the company disclosed its 23 annual report and 2014 quarterly report. Achieved revenue of 350 million yuan for the full year of 23, +2.6% year on year; realized net profit of 0.3 billion yuan to mother, +4.0 million yuan year on year
With A 28% Price Drop For Road Environment Technology Co.,Ltd. (SHSE:688156) You'll Still Get What You Pay For
To the annoyance of some shareholders, Road Environment Technology Co.,Ltd. (SHSE:688156) shares are down a considerable 28% in the last month, which continues a horrid run for the company. The rec
Luther Environment (688156.SH): Director Luo Zhuo increased his holdings of the company's shares during the window
Zhitong Finance App News, Luther Environment (688156.SH) announced that the company recently received a notice from company director Luo Zhuo that Luo Zhuo recently increased his holdings of the company's shares through centralized bidding transactions, in violation of the relevant regulations prohibiting trading of the company's shares during the window period. According to reports, Luo Zhuo bought a total of 22,000 shares of the company's shares on March 28 and 29, 2024, with an average transaction price of 16.92 yuan/share.
Luther Environment (688156.SH) Performance Report: 2023 net profit of 27.7916 million yuan increased 7.20% year-on-year
On February 26, Ge Longhui (688156.SH) announced the 2023 Annual Results Report. During the reporting period, the company achieved operating income of 350 million yuan, an increase of 2.24% over the same period of the previous year; achieved net profit attributable to owners of the parent company of 27.7916 million yuan, an increase of 7.20% over the same period of the previous year; realized net profit attributable to owners of the parent company after deducting non-recurring gains and losses of 21.2809 million yuan, an increase of 6.38% over the same period last year.
Why We're Not Concerned Yet About Road Environment Technology Co.,Ltd.'s (SHSE:688156) 29% Share Price Plunge
To the annoyance of some shareholders, Road Environment Technology Co.,Ltd. (SHSE:688156) shares are down a considerable 29% in the last month, which continues a horrid run for the company. For any
Luther Environment (688156.SH): The company's synthetic biotechnology is currently in the experimental research stage
GLONGHUI, Feb. 2: Luther Environment (688156.SH) said on the investor interactive platform that the company's synthetic biotechnology is currently in the experimental research stage.
Luther Environment (688156.SH): The overall purchase price of sake lees remained stable and declined from month to month
Glonghui, Feb. 2 | Luther Environment (688156.SH) said on the investor interactive platform that the company has established stable cooperative relationships with some well-known wine companies and signed long-term supply agreements. Overall, the purchase price of lees has remained stable and declined over the previous month.
Luther Environment (688156.SH): The company's Lianyungang alkali slag treatment project is in the joint commissioning stage
Gelonghui, January 26 | Luther Environment (688156.SH) disclosed the investor relations activity record sheet, in May 2023, the company first won the bid for material procurement for the Lianyungang alkali slag treatment operation project (winning bid amount of about 94 million), and then signed the “Lianyungang Alkali Slag Treatment and Resource Utilization Innovation Demonstration Project A Process Operation Professional Subcontract” with a total amount of about 518 million yuan. The company is mainly responsible for Project A process equipment supply, production and commissioning, production and operation, waste water treatment and discharge. It undertakes the resource allocation and technical support required during the above activities. It is an asset-light operation
Luther Environment (688156.SH): Some potential customers have already entered the product trial evaluation phase
Gelonghui, January 26 | Luther Environment (688156.SH) disclosed an investor relations activity record table showing that the company continues to deeply cultivate existing customers, promote deepening cooperation, increase new customer development efforts, and actively expand the incremental market. Currently, some potential customers have entered the product testing and evaluation stage.
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