Reported 12 months ago
According to a report by Yuan Haoting from Taipei on July 2, 2024, at 4:10 PM, Xuhui Ying Material Co., Ltd. (6698) has recently benefitted from the cooling trend, leading to a series of significant stock price increases. The company announced its May financial results on the 2nd, showing a monthly revenue of approximately 66.52 million yuan, a 32.47% yearly decrease, with a net loss per share of 0.19 yuan. Xuhui Ying Material expects improved operations in the second half of the year, fueled by increased shipments of cooling components and potential benefits from investment in Hongshuo System. The company has been performing strongly in the stock market, setting new highs, and diversifying its product offerings. Despite challenges in the CMM Mask sector due to increased local competition in China, Xuhui Ying Material is adjusting its product lines to potentially enhance profitability.
Source: YAHOO