Reported 8 months ago
Kunyih (2365) benefited from the robot sector, with its stock price initially fluctuating after opening at 31.85 yuan on June 17, 2024. However, a surge occurred when buying pressure entered the market, pushing the price to the daily limit of 35 yuan with a trading volume exceeding 14,000 shares. Kunyih reported a first-quarter revenue of 224 million yuan, a 13.46% growth from the previous quarter and a new high in nearly six quarters, with a year-on-year growth of approximately 27.69%. They also announced strategies to sustain growth, including five new initiatives and three cost reduction measures.
Source: YAHOO