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Hong Kong Stock Concept Tracking | In January and February, excavator exports surged year-on-year, Institutions are Bullish on the domestic Construction Machinery exceeding expectations recovery (including Concept stocks).
CME predicts that domestic excavator sales will increase by 22% year-on-year in March.
Hong Kong stock Concept tracking | The State Council meeting studies measures to promote the high-quality development of Agricultural Machinery equipment, encouraging the upgrade of Agricultural Machinery through trade-in (including concept stocks).
Utilize the subsidies and policies for the purchase and application of Agricultural Machinery, as well as large-scale equipment updates, strengthen pilot verification and familiarization applications, and promote the market adoption of advanced and suitable Agricultural Machinery equipment.
First Tractor Company Limited's (HKG:38) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
First Tractor's 2024 Profit Falls
FIRST TRACTOR announced its 2024 performance, with a net income of approximately 0.922 billion yuan, a year-on-year decrease of 7.52%.
FIRST TRACTOR (00038) announced its 2024 performance, with total operating revenue of approximately 11.904 billion yuan, a year-on-year increase of 3.26%; net income attributable to the parent company is approximately 0.922 billion yuan, a year-on-year decrease of 7.52%. The basic EPS is 0.8206 yuan, and a cash dividend of 2.995 yuan (including tax) is distributed for every 10 shares. The announcement states that the revenue growth is mainly due to the increase in sales of the leading products year-on-year.
Yituo Shares: Yituo Shares 2024 Annual Report