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huagong tech (000988.SZ): This year, the domestic market is mainly focused on shipping 400G, and the monthly production capacity of the completed 400G optical module is about 0.4 million to 0.45 million units.
Gelonghui November 8th, huagong tech (000988.SZ) stated on the investor interaction platform that this year, the domestic market is mainly focused on 400G shipments. The current monthly production capacity of the 400G optical module is approximately between 0.4 million to 0.45 million units. In response to domestic market demand, they are currently expanding production from 0.45 million units per month to 0.7 million units. At the same time, the company is speeding up the construction of the factory in Thailand. Overseas demand is mainly for 800G and 1.6T, with a planned monthly capacity of 0.1 million units, and they plan to quickly increase it to 0.2 million units based on customer demand.
Huagong Tech (000988): Optical module revenue significantly increased, overseas growth in sensing business expected.
Investment Highlights: The company released the third quarter report for 2024. In the first three quarters, the company achieved revenue of 9.002 billion yuan, up by 23.42% year-on-year; net income attributable to the mother was 0.938 billion yuan, up by 15.19% year-on-year; net income attributable to the mother after non-recurring items was 7 billion yuan.
Huagong Tech (000988): Q3 performance exceeds expectations, worth looking forward to the optoelectronic interconnection business.
Event: The company released the third quarter report for 2024, achieving revenue of 9.002 billion yuan in Q1-Q3 2024, a year-on-year increase of 23.42%; net income attributable to the parent company was 0.938 billion yuan, an increase of 15.19% year-on-year; Looking at a single quarter,
Express News | huagong tech: Overseas market, there is already clear demand for the 800G LPO product.
Huagong Technology: Report for the third quarter of 2024
Huagong Tech (000988.SZ): The net income for the first three quarters was 0.938 billion yuan, a year-on-year increase of 15.19%.
Gelonghui October 24th | huagong tech (000988.SZ) released its third-quarter report, with revenue for the first three quarters of 9 billion yuan, a year-on-year increase of 23.42%, net income of 0.938 billion yuan, a year-on-year increase of 15.19%, non-GAAP net income of 0.77 billion yuan, a year-on-year increase of 3.23%, and basic earnings per share of 0.93 yuan.
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