
ST KEXIN announced a preliminary profit, expecting a net profit of 35.3497 million yuan to 42.418 million yuan for the fiscal year 2024

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KEXIN DEVELOPMENT released its 2024 performance forecast, expecting a net profit of between 35.3497 million yuan and 42.418 million yuan, turning a profit. The net profit after deducting non-recurring gains and losses is expected to be between 8.6827 million yuan and 10.4189 million yuan. The company focuses on renovation business, adding multiple types of renovation projects and signing several orders to drive business growth. In addition, it is expected to sell its equity in Shaanxi Runtin Advertising Co., Ltd. in the fourth quarter of 2024, obtaining an investment income of approximately 12.49 million yuan
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