688408 Arctech Solar Holding
- 100.79
- -2.21-2.15%
Arctech Solar Holding News
Express News | Tunisia starts construction of the largest single-capacity photovoltaic power plant project
CITIC Expo (688408): Track stand orders into the cashout period
Financial highlights Year 23: Achieved revenue of 6.39 billion yuan, +72.6% year over year; net profit to mother of 345 million yuan, +676.6% year over year; deducted non-net profit of 306 million yuan, +2220% year over year. 23Q4:
CITIC Expo (688408): 24Q1 performance surpassed expectations, and orders supported high annual performance growth
The incident describes the release of the 2023 annual report and the 2024 quarterly report. In 2023, the company achieved revenue of 6.39 billion yuan, an increase of 73% over the previous year; net profit to the mother was 345 million yuan, an increase of 677% over the previous year; of these,
We Think That There Are Issues Underlying Arctech Solar Holding's (SHSE:688408) Earnings
Unsurprisingly, Arctech Solar Holding Co., Ltd.'s (SHSE:688408) stock price was strong on the back of its healthy earnings report. We did some analysis and think that investors are missing some detai
CITIC Expo (688408): Profit margins and orders exceed expectations, profit expectations in 2024 are rising
Report Summary: Global PV installations continue to be booming. CPIA predicts 390 to 430 GW of global PV installations in 2024, and the number of global GW markets is expected to grow rapidly. According to Li Zhenguo, CEO of Longji Green Energy, as predicted by 2030
CITIC Expo (688408): There are plenty of orders in hand, and the PV bracket faucet has accumulated a small amount of electricity
Key investment points The drop in module prices stimulates installed demand. In 2023, the leading PV stent market had an operating income of 6.39 billion yuan, an increase of 72.59% over the previous year, and a net profit of 345 million yuan, an increase of 6 million yuan over the previous year
CITIC Expo (688408): Overseas tracking stent release performance greatly exceeded expectations
Event: The company achieved operating income of 6.39 billion yuan in 2023, an increase of 72.59% over the previous year; realized net profit of 345 million yuan, an increase of 676.58% over the previous year. 2024Q1 achieved operating income of 18.14
CITIC Expo (688408): Performance exceeds expectations, tracking bracket shipments have increased dramatically
CITIC released its 2023 Annual Report and 2024 Quarterly Report. In 2023, the company achieved total revenue of 6.39 billion yuan, +72.59% year on year; realized net profit of 345 million yuan, +676.58 million yuan year on year
CITIC Expo (688408): Performance continues to exceed expectations, tracking bracket demand is being released at an accelerated pace
The company's operating conditions in 2023 and the first quarter of 2024: According to the company's 2023 report, the company achieved operating income of 6.39 billion yuan in 2023, an increase of 72.6% over the previous year; achieved a net profit of 3.4 billion yuan to mother
Express News | Chinese new energy companies invest in new photovoltaic production base in Saudi Arabia
Express News | CITIC added a new overseas production base
CITIC Expo (688408): First-quarter results exceeded expectations, and the tracking bracket is expected to maintain high growth
Incident: The company released a first-quarter report stating that net profit attributable to owners of the parent company for the first quarter was 154 million yuan, up 297.18% year on year; operating income was 1,814 billion yuan, up 122.47% year on year; basic earnings per share
CITIC Expo (688408): Revenue and profit both greatly exceeded expectations, and on-hand orders reached record highs
Incident: The company announced its results for the first quarter of 2024. During the reporting period, it achieved operating income of 1,814 million yuan, or 122% year on year; net profit to mother of 154 million yuan, 297% year on year; deducted non-net profit of 143 million yuan, year on year 88
Minsheng Securities released a research report on April 25 stating that it gave CITIC (688408.SH) a recommended rating. The main reasons for the rating include: 1) high year-on-year increase in sales volume and sufficient on-hand orders; 2) cost reduction
Minsheng Securities released a research report on April 25 stating that it gave CITIC (688408.SH) a recommended rating. The main reasons for the rating include: 1) high year-on-year increase in sales volume and sufficient on-hand orders; 2) cost reduction and efficiency continued to advance, and profitability increased significantly; 3) overseas production capacity continued to expand, which is expected to benefit from emerging markets. (Mainichi Keizai Shimbun)
A-share photovoltaic concept stocks fluctuated and rebounded, and Jiangsu Xinneng rose and stopped
Gelonghui, April 25 | Jiangsu Xinneng rose and stopped, CITIC rose more than 10%, followed by Lushan New Materials, Jingshan Light Machinery, Yihua Co., Ltd., Xizi Clean Energy, Dike, and Junda Co., Ltd. According to the news, recently, the National Bureau of Statistics released data showing that China's solar cell production increased 28.7% year on year in March, and the cumulative year-on-year increase in January-March was 20.1%. In the context of the accelerated transformation of the energy structure, demand in the new energy industry chain such as photovoltaics and energy storage continues to grow at a relatively rapid rate.
CITIC Expo (688408): The number of tracking bracket orders exceeded expectations in 24Q1
The company's 2023 annual report: Achieved revenue of 6.39 billion yuan for the full year of 2023, +72.6% year-on-year, net profit to mother of 345 million yuan, +676.6% year-on-year, gross profit margin of 18.1%, year-on-year +5.7pct:23
CITIC Expo (688408.SH): Employee shareholding platform plans to reduce shareholding by no more than 2%
CITIC (688408.SH) announced that Suzhou Rongbo, an employee shareholding platform set up before the company's initial public offering, was listed...
CITIC (688408.SH) Announces 2023 Annual Results Net Profit of 345 million yuan, surging 676.58% to 4.8 yuan per 10 revolutions
CITIC (688408.SH) disclosed its 2023 annual report. The company achieved operating revenue of 6.39 billion yuan during the reporting period, an increase of 72.59% over the previous year. Net profit attributable to shareholders of listed companies was 345 million yuan, an increase of 676.58% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 306 million yuan, an increase of 2220.19% over the previous year. Basic earnings per share were 2.54 yuan/share. It is proposed to distribute a cash dividend of 8.80 yuan (tax included) for every 10 shares, and a capital reserve fund will be used to transfer 4.9 shares for every 10 shares to all shareholders.
Express News | CITIC Expo: Net profit of 154 million yuan in the first quarter increased by 297.18% year-on-year
The photovoltaic concept fluctuated and declined, and CITIC Expo fell more than 10%
The photovoltaic concept fluctuated and declined, with CITIC falling more than 10%, followed by Deye shares, Sunshine Power, Aixu shares, and Goodwell.
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