---
title: "Shengtak issued a profit forecast, with a net profit of 225 million to 235 million yuan for the year 2024, an increase of 86.72%-95.01%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225176199.md"
description: "Shengtak expects a net profit of 225 million to 235 million yuan for the year 2024, a year-on-year increase of 86.72%-95.01%. The company's main business focuses on the manufacturing of ultra-supercritical boilers for thermal power, benefiting from a surge in orders and an increase in orders on hand. The output of stainless steel pipes and alloy steel pipes increased by approximately 30.72% and 8.56%, respectively. The improvement in gross profit margin has driven profit growth"
datetime: "2025-01-16T09:37:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225176199.md)
  - [en](https://longbridge.com/en/news/225176199.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225176199.md)
generator: "portal-rs"
---

# Shengtak issued a profit forecast, with a net profit of 225 million to 235 million yuan for the year 2024, an increase of 86.72%-95.01%

According to the Zhitong Finance APP, Shengtak (300881.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 225 million yuan and 235 million yuan, a year-on-year increase of 86.72%-95.01%.

During the reporting period, the company focused on the manufacturing industry of ultra-supercritical coal-fired boilers. Benefiting from a surge in downstream orders, the company's orders on hand also increased correspondingly. The output of stainless steel pipes increased by approximately 30.72% compared to the same period last year. The output of alloy steel pipes increased by 8.56% compared to the same period last year. The increase in the gross profit margin of the company's products drove the growth of the company's profits

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**