Lianrui New Materials (688300): Downstream demand is picking up, the company's orders increased in the first quarter, and performance is improving

Matters: The company released its 2024 quarterly report. In 24Q1, it achieved revenue of 202 million yuan, yoy +39.46%; realized net profit of 52 million yuan, yoy +79.94%; and deducted zero non-net profit from mother.

平安證券10:06

Ping An Securities released a research report on April 26 stating that Lianrui New Materials (688300.SH) was given a recommended rating. The main reasons for the rating include: 1) downstream demand picked up, and the company's orders increased in the fir

Ping An Securities released a research report on April 26 stating that Lianrui New Materials (688300.SH) was given a recommended rating. The main reasons for the rating include: 1) downstream demand picked up, and the company's orders increased in the first quarter; 2) the product sales structure gradually became high-end and continued to develop high-performance spherical powders; 3) continued to increase investment in R&D, and the cost rate declined during other periods. (Mainichi Keizai Shimbun)

Zhitong Finance09:54

Lianrui New Materials (688300.SH)'s net profit for the first quarter of 51.675 million yuan increased 79.94% year-on-year

Gelonghui, April 25 | Lianrui New Materials (688300.SH) announced that in the first quarter of 2024, the company's revenue was 202 million yuan, up 39.46% year on year; net profit attributable to shareholders of listed companies was 51.655 million yuan, up 79.94% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 45.55 million yuan, an increase of 99.97% year on year.

Gelonghui FinanceApr 25 16:04

Express News | The HBM concept market initially strengthened, and Lianrui New Materials, Huahai Chengke, Saiten Co., Ltd., Jacques Technology, and Shannon Xinchuang collectively rose.

BreakingsApr 25 09:36

Lianrui New Materials (688300): Optimizing Product Structure, Improving Profits, Continuing to Increase R&D to Help Growth

Incident Overview The company published its 2024 quarterly report. 2024Q1, the company achieved operating income of 202 million yuan, a year-on-year increase of 39.46%, and net profit of 52 million yuan, a year-on-year increase of 79.94%, a year-on-year increase of 79.94%.

華西證券Apr 25 00:00

Pacific released a research report on April 18 stating that it gave Lianrui New Materials (688300.SH) a purchase rating. The main reasons for the rating include: 1) the company's revenue is showing positive growth, and the share of high-end products conti

Pacific released a research report on April 18 stating that it gave Lianrui New Materials (688300.SH) a purchase rating. The main reasons for the rating include: 1) the company's revenue is showing positive growth, and the share of high-end products continues to increase; 2) the company attaches importance to R&D investment and continues to improve its product layout; 3) the company continues to build production capacity to consolidate its leading position in the industry. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 18 09:02