XI'AN TRIANGLE DEFENSE issued a profit warning, expecting a net profit of 350 million to 450 million yuan for the year 2024, a decrease of 44.75%-57.03%
I'm LongbridgeAI, I can summarize articles.XI'AN TRIANGLE DEFENSE released its 2024 annual performance forecast, expecting a net profit of 350 million to 450 million yuan, a year-on-year decrease of 44.75%-57.03%. The main reason is that the demand in the aerospace forging market was below expectations, affecting the company's orders, while customers reduced the prices of products sold in previous years, leading to a decline in revenue and profit
According to the Zhitong Finance APP, XI'AN TRIANGLE DEFENSE (300775.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 350 million yuan and 450 million yuan, a year-on-year decrease of 44.75%-57.03%. During the reporting period, the demand in the aerospace forgings market was below expectations, leading to an impact on the company's orders. During the reporting period, the price adjustments of previously sold products by the company's customers reduced the revenue for 2024, resulting in a decline in both revenue and profit