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Saiteng Co., Ltd.: Report for the third quarter of 2024 by Suzhou Saiteng Precision Electronics Co., Ltd.
Suzhou Saiten Precision Electronics Co., Ltd. Report for the Third Quarter of 2024
Express News | Suzhou Secote Precision Electronic: The net income in the first three quarters is approximately 0.475 billion yuan, an increase of 18.99% year-on-year.
suzhou secote precision electronic (603283.SH): net income in the first three quarters was 0.475 billion yuan, a year-on-year increase of 18.99%.
On October 30, Gelunhui reported Suzhou Secote Precision Electronic (603283.SH) released the third quarter report for 2024, achieving revenue of 3.194 billion yuan in the first three quarters, a year-on-year increase of 21.76%; net income attributable to shareholders of the listed company was 0.475 billion yuan, a year-on-year increase of 18.99%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.455 billion yuan, a year-on-year increase of 18.01%; and basic earnings per share was 2.44 yuan.
suzhou secote precision electronic (603283): Performance continues to grow, focusing on the opportunities for 3C+ semiconductor equipment in the AI boom.
Investment Highlights: Event: The company released the third quarter report of 2024, achieving revenue of 3.194 billion yuan in the first three quarters of 2024, a year-on-year increase of 21.76%; achieving a net income attributable to the mother of 0.475 billion yuan, a year-on-year increase of 18.
Leading explosive financial report confirms the hot demand for HBM, which semiconductor companies in A-shares are likely to benefit?
①SK Hynix announced its third-quarter performance, with HBM sales increasing by more than 330% year-on-year; ②Bank of America expects that SK Hynix's HBM sales in the next two years will reach $9.2 billion and 15.8 billion respectively; ③Brokerage view suggests focusing on new materials related to AI investment themes such as computing power, storage, and advanced packaging.
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