Gelonghui Oct 29th | Shanxi Lanhua Sci-Tech Venture (600123.SH) widened its decline to 6.54%, reaching a refreshing adjustment low stock price of 8.58 yuan, with a total market value of 12.7 billion yuan. The company announced yesterday after the market closed that the net income for the first three quarters was 0.707 billion yuan, a 60.70% year-on-year decrease; of which the net income for the third quarter was 0.155 billion yuan, a 64.46% year-on-year decrease. Q3 coal production and sales volume decreased compared to the previous quarter, with coal prices falling and costs rising, leading to weaker profitability. Minsheng Securities' research reports indicate that the company's performance is below expectations, waiting for the production and sales to recover. (Gelonghui)
A股异动丨兰花科创跌6.54% 股价刷新调整新低 Q3净利同比降64%
A-share abnormal movement | shanxi lanhua sci-tech venture fell by 6.54%, stock price hit a new low for adjustment, Q3 net profit decreased by 64% year-on-year.
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