---
title: "SHSTC issued a profit forecast, expecting a net profit of 30 million to 34 million yuan for the year 2024, an increase of approximately 37.54% to 55.88% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225031168.md"
description: "According to the Zhitong Finance APP, SHSTC announced that the company expects to achieve a net profit attributable to shareholders of the listed company of approximately 30 million to 34 million yuan in 2024, an increase of about 37.54% to 55.88% compared to the same period last year. During the reporting period, the company generated related income from optimizing its industrial structure and disposing of subsidiary equity, which was not present in the same period last year"
datetime: "2025-01-15T10:03:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225031168.md)
  - [en](https://longbridge.com/en/news/225031168.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225031168.md)
---

# SHSTC issued a profit forecast, expecting a net profit of 30 million to 34 million yuan for the year 2024, an increase of approximately 37.54% to 55.88% year-on-year

According to the Zhitong Finance APP, SHSTC (600620.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of approximately 30 million to 34 million yuan for the year 2024, an increase of about 37.54% to 55.88% compared to the same period last year.

During the reporting period, the company generated related income from optimizing its industrial structure and disposing of subsidiary equity, which was not present in the same period last year

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