Huge Orders in Hand! Only Entitled to 4.5 Yuan Cash Dividend... This Dark Horse Stock Hits Limit Up

Reported about 1 year ago

On June 28, 2024, due to the recovery of demand for semiconductor and panel expansion, Han's Brother International Co., Ltd. (Stock code: 3402) now has a hand full of multi-billion orders and is estimated to be profitable until 2026 even in a conservative estimate. The stock price surged to 106.5 yuan and then hit the upper limit at 112 yuan on the same day, with a trading volume of 513 million yuan. At the shareholders' meeting, the company announced an all-time high cash dividend of 4.5 yuan per share, with a current order backlog exceeding 10 billion yuan, ensuring steady revenue growth until 2026.

Source: YAHOO

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