---
title: "Nan feng Corporation issued a profit warning, expecting a net profit of 60 million to 90 million yuan for the fiscal year 2024, turning losses into profits"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225955311.md"
description: "Nan feng Corporation expects its net profit for the year 2024 to reach between 60 million yuan and 90 million yuan, achieving a turnaround from losses to profits. The main reasons for the performance improvement include: good execution of business orders, an increase in product gross margin, a reduction in asset impairment losses, and an estimated impact of approximately 15 million yuan from non-recurring gains and losses on net profit"
datetime: "2025-01-23T08:14:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225955311.md)
  - [en](https://longbridge.com/en/news/225955311.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225955311.md)
generator: "portal-rs"
---

# Nan feng Corporation issued a profit warning, expecting a net profit of 60 million to 90 million yuan for the fiscal year 2024, turning losses into profits

According to the Zhitong Finance APP, Nan Feng Corporation (300004.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be approximately 60 million to 90 million yuan, turning from a loss to a profit year-on-year.

The main reasons for the performance change are: 1. The execution of business orders during this period was relatively good, and the gross profit margin of products has improved; 2. The impact of asset impairment losses and other matters on the company's performance has decreased compared to the same period last year; 3. During the reporting period, the company expects the impact of non-recurring gains and losses on net profit to be approximately 15 million yuan

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