---
title: "PPM(SuZhou) issued a profit forecast, expecting a net profit of 110 million to 118 million yuan in 2024, an increase of 10.57%-18.61%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224874050.md"
description: "PPM (SuZhou) expects a net profit of RMB 110 million to RMB 118 million in 2024, a year-on-year increase of 10.57%-18.61%. The company's operating revenue is expected to grow by approximately 14% year-on-year, with a gross profit increase of about RMB 43 million and a stable rise in gross profit margin. To incentivize employees, the company has implemented an equity incentive plan, accruing share-based payment expenses of approximately RMB 24.59 million, which is expected to impact the net profit attributable to shareholders by about RMB 21.56 million. The impact of non-recurring gains and losses on net profit attributable to shareholders is approximately RMB 13.85 million"
datetime: "2025-01-14T09:06:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224874050.md)
  - [en](https://longbridge.com/en/news/224874050.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224874050.md)
generator: "portal-rs"
---

# PPM(SuZhou) issued a profit forecast, expecting a net profit of 110 million to 118 million yuan in 2024, an increase of 10.57%-18.61%

According to the Zhitong Finance APP, PPM(SuZhou) (300905.SZ) released its annual performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 110 million yuan and 118 million yuan, a year-on-year increase of 10.57%-18.61%.

The company has continuously innovated in research and development and expanded its market, achieving a dual increase in product quality and sales volume. During the reporting period, the company's operating income increased by approximately 14% year-on-year. The gross profit margin of the company's products has steadily risen, with the gross profit amount increasing by approximately 43 million yuan compared to the same period last year, a year-on-year increase of about 20%. To incentivize employees, the company implemented an equity incentive plan, accruing approximately 24.59 million yuan in share-based payment expenses during the reporting period, which is expected to impact the net profit attributable to the parent company by about 21.56 million yuan. During the reporting period, the impact of non-recurring gains and losses on the net profit attributable to the parent company was approximately 13.85 million yuan

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**