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Express News | Ricoda: The company's overseas factories are not affected by the additional US tariff policy
Express News | Ricoda: Providing various high and low voltage connection series products for NIO Ledao models
Ricoda (688800): Domestic connector leaders enjoy growing market demand+domestic substitution dividends
Domestic connector leader, rich product matrix+comprehensive production capacity layout. The company was founded in 2006 and listed in 2021. It specializes in the design, development and manufacture of connection system products. Currently, it has formed four domestic companies: Suzhou, Jiangsu, Taizhou, Jiangsu
Ricoda (688800): Product upgrades and market expansion gradually reflect a better trend of revenue recovery
The core view was affected by the decline in sales orders for downstream heavy truck power exchange products, market expansion for some products falling short of expectations, delays in overseas communication projects, and price adjustments for major customers, etc., putting pressure on the company's operations in 2023. Facing industry opportunities and challenges, the public
Ricoda (688800): Q1 Revenue Exceeds Expectations, Employee Stock Ownership Plan Shows Confidence in Development
Investment Highlights On April 18, 2024, the company released its 2023 annual report; on April 25, the company released its report for the first quarter of 2024. 23-year results are under pressure, 24Q1 revenue growth exceeds expectations2
Ricoda (688800): Business is picking up and the internationalization strategy is making positive progress
The 1Q24 results were higher than our expectations, and Ricorda made an announcement. In 2023, the company achieved operating income of 1,555 billion yuan, a year-on-year decrease of 4.32%; realized net profit to mother of 137 million yuan, a year-on-year decrease of 45.86%
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