Understanding the Market | YOFC's stock fell over 5% after earnings, with third-quarter revenue increasing by over 16% and net profit declining by more than 10% year-on-year
YOFC's stock fell over 5% after the earnings report, and as of the time of writing, it is down 4.22%, trading at HKD 36.78, with a transaction volume of HKD 237 million. In terms of news, YOFC released its earnings report, showing a third-quarter revenue of RMB 3.891 billion, a year-on-year increase of 16.27%; the net profit attributable to shareholders of the listed company was RMB 174 million, a year-on-year decrease of 10.89%. For the first three quarters, the revenue was RMB 10.275 billion, a year-on-year increase of 18.18%; the net profit attributable to shareholders of the listed company was RMB 470 million, a year-on-year decrease of 18.02%. UBS recently released a research report stating that current market sentiment has reflected the growth potential of YOFC's high-margin data communication business and initial optimism regarding hollow fiber, with moderate upward space in the future. It also believes that hollow fiber has long-term development potential, expecting that the technology will gradually mature over the next 2-3 years and contribute significantly to revenue, serving as a strategic growth lever for the group, but the short-term impact on profitability remains limited
According to Zhitong Finance APP, YOFC (06869) fell over 5% after its earnings report, and as of the time of writing, it is down 4.22%, trading at HKD 36.78, with a transaction volume of HKD 237 million.
In terms of news, YOFC released its earnings report, showing a third-quarter operating revenue of RMB 3.891 billion, a year-on-year increase of 16.27%; the net profit attributable to shareholders of the listed company was RMB 174 million, a year-on-year decrease of 10.89%. For the first three quarters, the operating revenue was RMB 10.275 billion, a year-on-year increase of 18.18%; the net profit attributable to shareholders of the listed company was RMB 470 million, a year-on-year decrease of 18.02%.
UBS recently released a research report stating that current market sentiment has reflected the growth potential of YOFC's high-margin data communication business and initial optimism regarding hollow fiber, with moderate upward space in the future. It also believes that hollow fiber has long-term development potential, expecting that technology will gradually mature in the next 2-3 years and contribute significantly to revenue, serving as a strategic growth lever for the group, although the short-term impact on profitability remains limited
