---
title: "PGVT issued a profit warning, expecting a net profit of 260 million to 300 million yuan for the year 2024, a year-on-year decrease of 71.64% to 75.42%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225347042.md"
description: "PGVT expects a net profit of 260 million to 300 million yuan for the year 2024, a year-on-year decrease of 71.64% to 75.42%. The net profit after deducting non-recurring gains and losses is expected to be 230 million to 270 million yuan, a year-on-year decrease of 74.22% to 78.04%. The decline is mainly due to the year-on-year decrease in the price of vanadium products during the reporting period"
datetime: "2025-01-17T12:02:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225347042.md)
  - [en](https://longbridge.com/en/news/225347042.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225347042.md)
generator: "portal-rs"
---

# PGVT issued a profit warning, expecting a net profit of 260 million to 300 million yuan for the year 2024, a year-on-year decrease of 71.64% to 75.42%

According to the Zhitong Finance APP, PGVT (000629.SZ) disclosed its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 260 million and 300 million yuan, a year-on-year decrease of 71.64% to 75.42%. The net profit after deducting non-recurring gains and losses is expected to be between 230 million and 270 million yuan, a year-on-year decrease of 74.22% to 78.04%.

It is reported that the expected decline in net profit attributable to shareholders of the listed company for 2024 compared to the same period last year is mainly due to the year-on-year decline in vanadium product prices during the reporting period

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