Yangtze Optical Fibre Reports Mixed Financial Results

Yangtze Optical Fibre and Cable Joint Stock Co (HK:6869) has released an update.

Yangtze Optical Fibre and Cable Joint Stock Co reported a 7.46% increase in operating income for the third quarter of 2024, although net profit saw a significant decline of 28.65% compared to the previous year. The company’s total assets have grown by 5.09% since December 2023, reflecting a solid financial standing despite challenges. Investors should note the unaudited nature of the report, emphasizing caution in interpreting these figures.

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