Reported about 1 year ago
Yu-Ching Metal Co., Ltd., the global commercial display shelf giant, has announced its initial public offering of common stock underwriting, with an underwriting price of 138 Yuan revealed on June 11, 2024. The stock, Yu-Ching-KY (6957), will hold a lottery on June 19, and will be listed on June 25. Last year, Yu-Ching's merged revenue was 3.864 billion Yuan, a decrease of 10.8% year-on-year; however, due to optimized group order portfolio and vertical integration benefits, the gross profit margin increased by 12.2 percentage points to 46.6% from the previous year, with a net profit after tax of 0.879 billion Yuan, a 68.2% annual increase, delivering a record high earnings per share of 18.11 Yuan.
Source: YAHOO