---
title: "SPRINGSNOW FOOD issues a profit warning, expecting a net profit of 6.7 million to 8 million yuan in 2024, turning losses into profits"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225555253.md"
description: "SPRINGSNOW FOOD expects a net profit of 6.7 million to 8 million yuan in 2024, achieving a turnaround from losses to profits. The reasons for the expected profit include strengthening internal management, actively expanding the market, and an increase in foreign exchange gains"
datetime: "2025-01-20T12:35:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225555253.md)
  - [en](https://longbridge.com/en/news/225555253.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225555253.md)
generator: "portal-rs"
---

# SPRINGSNOW FOOD issues a profit warning, expecting a net profit of 6.7 million to 8 million yuan in 2024, turning losses into profits

According to the Zhitong Finance APP, SPRINGSNOW FOOD (605567.SH) announced that the company expects to achieve a net profit attributable to the owners of the parent company of 6.7 million to 8 million yuan for the year 2024, which will turn a profit compared to the same period last year (statutory disclosure data).

The main reasons for the expected profit are: (1) Strengthening internal management has achieved significant results in cost reduction and efficiency improvement; (2) Actively expanding domestic and international markets, with a significant year-on-year increase in export business; (3) The exchange rate of the US dollar against the Chinese yuan is expected to rise year-on-year in 2024, leading to increased exchange gains

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