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Delong Laser (688170) third-quarter report review in 2024: Short-term profit pressure, bullish on new business volume increase.
Key investment highlights include steady revenue growth, with profit pressure possibly due to increased research and development expenses: In the first three quarters of 2024, the company achieved revenue of 0.416 billion yuan, a year-on-year increase of +26.93%; From 2024 Q1 to Q3, it realized a net loss attributable to the parent company of 0.
Delon Laser 2024 Third Quarter Report
Delong Laser (688170.SH): a net loss of 21.3451 million yuan in the first three quarters.
Delong Laser (688170.SH) announced on October 29th that it achieved revenue of 0.416 billion yuan in the first three quarters of 2024, an increase of 26.93% year-on-year; the net income attributable to shareholders of the listed company was -21.3451 million yuan, with a basic earnings per share of -0.21 yuan.
Express News | Delong Laser: The UTG glass cutting equipment for foldable screens has been used in customer production lines.
Express News | Delong Laser: Received bulk orders for advanced packaging equipment for integrated circuits in the first half of the year.
Delon Laser (688170): Q2 equipment accelerated acceptance, bullish on the growth elasticity in the second half of the year.
The company released its mid-year report for 2024. The income side of 24Q2 performed better than expected, with a year-on-year increase of +65% for the commodity. In 24H1, the company achieved a revenue of 0.278 billion yuan, a year-on-year increase of +35%, with Q2 accounting for 0.163 billion.
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