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HUDI

Huadi International Group Co Ltd

huadigroup.com

华迪钢业集团有限公司 is a mining & metals company based out of 温州市龙湾区永中街道天中路1688号, 温州市, 浙江省, china.

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Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose over 12% in pre-market trading following the company's updated Q2 financial guidance, which exceeded previous estimates. The company now expects net sales of $3.6 to $3.65 billion and non-GAAP diluted net income per share of $5.40 to $5.55. Other stocks mentioned include gainers like Treasure Global Inc. (NASDAQ:TGL) and losers such as iRobot Corporation (NASDAQ:IRBT), which dropped due to the EU's likely rejection of Amazon's acquisition.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:13 pm

Huadi International Group Co reported H1 2023 earnings per share (EPS) of $0.10, up from $0.00 YoY, and revenue of $38M, up from $36.8M YoY. Despite a 3.6% decrease in gross profit, operating income increased by 122% to $1.5M. The company also reported a net income of $1.5M, compared to a net loss of $9,000 in the same period last year. The company has entered into a strategic partnership with China Huanqiu Contracting & Engineering Co., Ltd. and is serving as the chief executive entity of the Belt and Road Enterprise Development Association.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 12:12 pm

Huadi International Group Co., Ltd. (HUDI) has entered into an investment agreement with Songyang County Economic Development and Investment Group Co., Ltd. to build a 'Future Factory' in Zhejiang Province, China. The factory will occupy approximately 50 acres with a total investment of approximately RMB1 billion. The project is expected to produce 60,000 tons of stainless steel seamless tubes and special alloy steel products annually. The Songyang County local government will provide supportive policies for the construction of the project, including infrastructure construction subsidies and equipment investment incentives.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:16 pm

Lululemon shares rose 15.1% in pre-market trading after reporting better-than-expected Q1 earnings and sales results. The company expects full-year revenue to be between $9.44 billion and $9.51 billion, up 17% YoY at the mid-point, and EPS to be in the range of $11.74 to $11.94.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 11:58 am

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