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The dragon won six consecutive boards! The A-share quarterly report market is in full swing, and the net profit of 15 companies increased by more than 300% year-on-year
① The net profit for the first quarter was up 4.55 times higher than the previous year, and Andaville, which had a maximum advance increase of 8.37 times over the previous year, closed for two consecutive 20CM gains and stops on Friday. ② Take stock of the list of listed companies whose net profit for the first quarter of 2024 is expected to increase by more than 300% year on year and the latest reviews in brokerage research reports (attached table). Among them, Ganneng Co., Ltd. temporarily led the way with the highest performance growth rate of nearly 38 times.
Benchmark Reiterates Buy on Kaiser Aluminum, Maintains $84 Price Target
Benchmark analyst Josh Sullivan reiterates Kaiser Aluminum (NASDAQ:KALU) with a Buy and maintains $84 price target.
Net profit for the first quarter is expected to reverse the year-on-year loss. Yuanlong Yatu's subsidiary received 10 million strategic investments from Lehua Entertainment and Alibaba Pictures
① Yuanlong Yatu, which was once fueled by “Bingdun” and “Rong Bao,” expects net profit for the first quarter to reverse the year-on-year loss, achieving revenue of about 600 million yuan, an increase of about 46% over the previous year. ② In an environment where the marketing industry's budget is getting tighter, Yuanlong Yatu turned to the “entertainment industry” and developed artist IP and other collaborations with Lehua Entertainment. The subsidiary Wow Universe recently received the first round of 10 million strategic investments from Lehua Entertainment and Alibaba Pictures.
A case was filed due to the mother's short-term transaction between the two brothers and the senior and vice chairman of Leo Co., Ltd.
① The investigation of this case was about Wang Xiangrong and Wang Zhuangli's mother Yan Suyun trading the company's shares; ② Wang Xiangrong and Wang Zhuangli are the company's first and second largest shareholders. Last year, they received a regulatory letter from the Shenzhen Stock Exchange and a warning letter from the Zhejiang Regulatory Authority due to this short-term transaction; ③ Leo Co., Ltd. announced an investment of 50 million US dollars to participate in SpaceX in 2021, which was returned a week later.
Kaiser Aluminum Declares $0.77 Dividend
JP Morgan Maintains Neutral on Kaiser Aluminum, Raises Price Target to $80
JP Morgan analyst Bill Peterson maintains Kaiser Aluminum (NASDAQ:KALU) with a Neutral and raises the price target from $68 to $80.