---
title: "Swan Cotton Machinery issued a profit forecast, expecting a net profit of 67 million to 75 million yuan in 2024, an increase of 2.45% to 14.69% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225540178.md"
description: "Swan Cotton Machinery expects a net profit of 67 million to 75 million yuan in 2024, an increase of 2.45% to 14.69% year-on-year. The company will actively respond to market competition, explore domestic market potential, expand overseas layout, optimize product structure, accelerate innovation and upgrading of cotton processing machinery, harvesting machinery, and other agricultural machinery, and ensure steady growth of its main business"
datetime: "2025-01-20T10:31:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225540178.md)
  - [en](https://longbridge.com/en/news/225540178.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225540178.md)
---

# Swan Cotton Machinery issued a profit forecast, expecting a net profit of 67 million to 75 million yuan in 2024, an increase of 2.45% to 14.69% year-on-year

According to the Zhitong Finance APP, Swan Cotton Machinery (603029.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of between 67 million yuan and 75 million yuan for the year 2024. Compared with the same period last year, this will increase by 1.6037 million yuan to 9.6037 million yuan, representing a year-on-year increase of 2.45% to 14.69%.

The company is actively responding to the severe market competition, deeply exploring the potential of the domestic market, expanding its overseas market layout, further optimizing its product structure, and accelerating innovation and upgrading in three sectors: cotton processing machinery, harvesting machinery, and other agricultural machinery, achieving steady growth in its main business

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