Earnings Alerts

Fuyao Group Glass Industr A (600660) Earnings: 3Q Net Income Hits 1.98B Yuan with Strong Revenue Performance

By October 17, 2024 No Comments
  • Fuyao Glass’s net income for the third quarter is 1.98 billion yuan.
  • Earnings per share (EPS) stand at 76 RMB cents.
  • The company reported a revenue of 9.97 billion yuan for the same period.
  • Fuyao Glass is currently experiencing strong market confidence with 22 buy ratings, 1 hold, and no sell ratings from analysts.

A look at Fuyao Group Glass Industr A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to the Smartkarma Smart Scores, Fuyao Group Glass Industr A shows promising long-term potential. With high scores in Growth and Momentum, the company is set to expand and perform well in the future. Its strong focus on growth indicates the possibility of increased market share and profitability, while its positive momentum suggests positive investor sentiment and stock performance.

Fuyao Group Glass Industr A also demonstrates solid performance in Dividend, indicating its commitment to rewarding shareholders. Although it scored lower in Value and Resilience, the company’s overall outlook remains positive. Fuyao Glass Industry Group Co Ltd, known for its diverse range of glass products and international market presence, is positioned to capitalize on opportunities for growth and innovation in the glass industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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