Yangtze Optical Fibre and Cable Joint Stock Co ( (HK:6869) ) has shared an announcement.
Yangtze Optical Fibre and Cable Joint Stock Co announced its audited annual results for 2024, reporting a decrease in operating income by 8.7% to RMB12,197.4 million. Despite the decline in revenue, the company’s gross profit margin improved to 27.3%. However, net profit attributable to equity shareholders fell by 47.9% to RMB675.9 million. The company experienced a decrease in both domestic and overseas revenue, and the Board recommended a reduced final dividend of RMB0.268 per share.
More about Yangtze Optical Fibre and Cable Joint Stock Co
Yangtze Optical Fibre and Cable Joint Stock Co is a company based in the People’s Republic of China, specializing in the production of optical fiber and cable products. The company operates both domestically and internationally, focusing on providing high-quality optical communication products.
YTD Price Performance: -3.05%
Technical Sentiment Signal: Sell
Current Market Cap: $2.65B
For detailed information about 6869 stock, go to TipRanks’ Stock Analysis page.