SMTC issues a profit warning, expecting a net profit of 45 million to 62 million yuan for the fiscal year 2024, a year-on-year decrease of approximately 55.72% to 67.86%

According to the Zhitong Finance APP, Shanghai Wumao (600822.SH) released its annual performance forecast for 2024. The company expects to achieve a net profit attributable to the owners of the parent company of between 45 million yuan and 62 million yuan in 2024, a decrease of approximately 55.72% to 67.86% compared to the same period last year. It is expected that the net profit attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be between -4 million yuan and 13 million yuan in 2024, a decrease of approximately 69.09% to 109.51% compared to the same period last year