ALTON ELECTRICAL issued a profit forecast, expecting a net profit attributable to the parent company of 59.89 million to 66.31 million yuan in the first quarter, a year-on-year increase of 40%-55%
I'm LongbridgeAI, I can summarize articles.ALTON ELECTRICAL expects the net profit attributable to the parent company in the first quarter of 2025 to be between 59.89 million yuan and 66.31 million yuan, a year-on-year increase of 40%-55%. The net profit after deducting non-recurring gains and losses is expected to be between 55.94 million yuan and 61.94 million yuan, with the same growth rate of 40%-55%. The company's performance benefits from the prosperity of the North American pneumatic tools market, while actively expanding in markets such as Europe, Latin America, Australia, and the Middle East, opening up new growth spaces
According to the Zhitong Finance APP, ALTON ELECTRICAL (301187.SZ) disclosed its performance forecast for the first quarter of 2025, expecting a net profit attributable to shareholders of the listed company to be between 59.89 million and 66.31 million yuan, a year-on-year increase of 40%-55%; the net profit after deducting non-recurring gains and losses is expected to be between 55.94 million and 61.94 million yuan, also a year-on-year increase of 40%-55%.
In the first quarter of 2025, the North American pneumatic tools consumer market continued to thrive, injecting strong momentum into the steady rise of the company's performance. At the same time, the company is actively expanding its market presence in non-North American markets such as Europe, Latin America, Australia, and the Middle East, opening up new growth space for the company's development