AM Demand in North America Remains Strong for Ti-Wayshi

Reported 8 months ago

Ti-Wayshi's stock price reached a high of 71 yuan last Wednesday and closed at 68.3 yuan on the 14th, rising 2.09%. Overseas funds increased their holdings by 3,225 shares, while proprietary traders bought a total of 3,397 shares in a day. With State Farm expanding its AM (after-sales maintenance) parts compensation benefits, the demand for AM services in North America remains strong, resulting in record-high first-quarter revenue and net profit of 628 million yuan, doubling year-on-year. Earnings per share reached 2.01 yuan, setting a new quarterly high. The company's performance is expected to continue to rise as revenue in April and May maintained a double-digit increase.

Source: YAHOO

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