Huanghe Precision Technology Co., Ltd. reported a revenue of 139.63 billion yuan for the first quarter of the fiscal year, marking a year-on-year increase of 32.85%. The company also provided new guidance, projecting a quarterly revenue growth rate of 13.76% to 16.37%.
On April 14, 2025, Huanghe Precision Technology (300750.SZ) released its first quarter earnings report, indicating a revenue of 847.05 billion yuan, which is a 6.18% increase compared to the previous year. The company’s quarterly revenue reached 139.63 billion yuan, reflecting an increase of 32.85%.
The new guidance indicates that the projected quarterly revenue growth rate is expected to range from 13.76% to 16.37%. The guidance is based on the assumption that the company’s revenue will reach between 6 billion yuan and 7.5 billion yuan in the first quarter of 2025, corresponding to a year-on-year increase of 13.76% to 16.37%.
In terms of product performance, the company has reported a significant increase in its renewable energy segment, with a total revenue growth exceeding 60% in this area. The increase is attributed to a rise in demand for renewable energy products and services.
The company has also recently received financial support from multiple sources, which will aid in the expansion of its operations. Huanghe Precision is currently focused on strengthening its core business, including the development and promotion of its renewable energy solutions.
Moreover, Huanghe Precision is expanding its presence in the market through strategic partnerships and collaborations. The company aims to enhance its product offerings and improve customer service through these collaborations.
Looking ahead, the company expects to maintain its growth trajectory, driven by increased demand for its products and services. As it continues to innovate and adapt to market changes, Huanghe Precision is well-positioned to capitalize on future opportunities.
In summary, Huanghe Precision Technology Co., Ltd. is on track for substantial growth, with a strong performance in the renewable energy sector and an optimistic outlook for the upcoming quarters.
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