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wencan group (603348): Gross margin improved month-on-month but still under pressure from overseas.
Event: The company released the third quarter report of 2024, achieving revenue of 4.7 billion yuan in the first three quarters of 2024, a year-on-year increase of +23.1%, with a net income attributable to the parent company of 0.097 billion yuan, an increase of +95.5% year-on-year. Among them, Q3 of 24 achieved revenue of 16.
Wencan Group (603348): Overseas profit dragged down by exchange rate, 3Q24 performance lower than expected.
Q3 24 performance lower than our expectations. The company announced Q3 24 performance: revenue of 1.63 billion yuan, +29.2%/+1.9% year-on-year/quarter-on-quarter, net income attributable to shareholders of 15.36 million yuan, -57.1%/-22.3% year-on-year/quarter-on-quarter.
Wencan Group (603348) series review eight: Core customer-driven growth, quietly waiting for overseas improvement.
Event: The company disclosed its third quarter report for 2024, achieving revenue of 4.7 billion yuan in the first three quarters of 2024, a year-on-year increase of +23.1%, with a gross margin of 15.0%, a year-on-year increase of +0.3 percentage points, achieving attributable profit.
Wencan Co., Ltd.: Report for the third quarter of 2024
Third Quarter Report 2024
Wencan Group (603348.SH) released its performance for the first three quarters, with a net income of 97.1778 million yuan, a year-on-year increase of 95.53%.
wencan group (603348.SH) released the report for the first three quarters of 2024, during the reporting period the company achieved revenue...
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