---
title: "SMOC expects to turn a profit, with a projected net profit of 5 million to 7.5 million yuan in 2024, compared to a loss in the previous year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225356507.md"
description: "SMOC expects a net profit of 5 million to 7.5 million yuan in 2024, turning a profit compared to a loss in the same period last year, an increase of 25.5826 million to 28.0826 million yuan year-on-year. After deducting non-recurring gains and losses, the expected net profit is -26 million to -13 million yuan, an increase of 13.5103 million to 26.5103 million yuan compared to the same period last year"
datetime: "2025-01-17T13:07:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225356507.md)
  - [en](https://longbridge.com/en/news/225356507.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225356507.md)
generator: "portal-rs"
---

# SMOC expects to turn a profit, with a projected net profit of 5 million to 7.5 million yuan in 2024, compared to a loss in the previous year

According to the announcement from SMOC (688265.SH), it is expected that the net profit attributable to the owners of the parent company for the year 2024 will turn from loss to profit compared to the same period last year (statutory disclosure data), with a net profit attributable to the owners of the parent company expected to be between 5 million and 7.5 million yuan, an increase of 25.5826 million to 28.0826 million yuan 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 for the year 2024 will be between -26 million and -13 million yuan, an increase of 13.5103 million to 26.5103 million yuan compared to the same period last year

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