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Huachuang Securities Upgrades LB Group to Strong Buy From Add; Price Target Is 30.59 Yuan
02:49 AM EDT, 05/22/2024 (MT Newswires) -- Huachuang Securities Upgrades LB Group to Strong Buy From Add; Price Target is 30.59 Yuan Price (RMB): ¥22.08, Change: ¥-0.39, Percent Change: -1.74%
LB Group's Q1 Profit Jumps 64%, Operating Income Rises 5%
LB Group's (SHE:002601) attributable profit rose 64% to 951.1 million yuan in the first quarter from 579.4 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen Stock
Chinese Shares Rise on Positive Outlook From Goldman Sachs, UBS; LB Group Up 7% on Titanium Asset Investment
Chinese shares closed higher on Wednesday on upbeat sentiment fueled by positive outlooks from major investment banks Goldman Sachs and UBS The Shanghai Composite Index rose 0.8%, or 22.84 points, to
LB Group to Acquire 20% of Henan Zhongyuan Titanium for 50 Million Yuan; Shares Up 6%
LB Group (SHE:002601) will acquire 20% of Henan Zhongyuan Titanium for 50 million yuan, the company said in its Monday disclosure on the Shenzhen Stock Exchange. The Chinese chemical manufacturer will
LB Group Plans to Buy Back Up to 200 Million Yuan Worth of Shares
LB Group's (SHE:002601) chairman, He Benliu, proposed that the company should repurchase shares worth between 100 million yuan and 200 million yuan through centralized bidding, according to a disclosu
Interpretation of Longbai Group's 2023 Interim Report: Operating income is growing steadily, and net profit is under pressure
According to the 2023 interim report data of Longbai Group, revenue for the reporting period was 13,247,982,179.80 yuan, an increase of 6.84% over 12,400,019,233.78 yuan in the same period last year. However, the net profit attributable to shareholders of listed companies during the reporting period was 1,262,072,693.81 yuan, down 44.31% from 2,266,206,063.33 yuan in the same period last year. This indicates that the company's profitability is under certain pressure. Further observation is that non-recurring profits and losses attributable to shareholders of listed companies during the reporting period are deducted
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