DAYE announced a profit forecast, expecting a net profit of 13.5 million to 20 million yuan for the year 2024, turning a profit compared to the previous year
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DAYE expects a net profit of 13.5 million to 20 million yuan for the year 2024, turning a profit compared to a loss in the previous year. The reasons for the turnaround include increased operating revenue, improved gross margin, and a decrease in the expense ratio. The growth in operating revenue is mainly attributed to the smooth destocking by major clients, the popularity of new products among consumers, and the enhanced competitiveness of the company's products in the market
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