---
title: "ZANYU TECHNOLOGY: Expected net profit growth of 70.68%-116.2% year-on-year in 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225955928.md"
description: "ZANYU TECHNOLOGY announced that it expects a net profit of 150 million to 190 million yuan in 2024, an increase of 70.68% to 116.20% compared to the same period last year. During this reporting period, the company benefited from the rise in prices of major raw materials such as palm oil and fatty alcohol, which drove up the prices of its products, resulting in an increase in the profit of the company's main business year-on-year; at the same time, the company's new production capacity is gradually being released, and it continues to promote refined management to achieve cost reduction and efficiency improvement"
datetime: "2025-01-23T08:19:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225955928.md)
  - [en](https://longbridge.com/en/news/225955928.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225955928.md)
---

# ZANYU TECHNOLOGY: Expected net profit growth of 70.68%-116.2% year-on-year in 2024

ZANYU TECHNOLOGY announced that it expects a net profit of 150 million to 190 million yuan in 2024, an increase of 70.68% to 116.20% compared to the same period last year. During this reporting period, the company benefited from the rise in prices of major raw materials such as palm oil and fatty alcohol, which drove up the prices of its products, leading to an increase in the company's main business profits year-on-year; at the same time, the company's new production capacity is gradually being released, and it continues to promote refined management to achieve cost reduction and efficiency improvement

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