---
title: "MustangBattery issued a profit forecast, expecting a net profit of 143 million to 161 million yuan in 2024, a year-on-year increase of 35.91% to 52.88%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225523303.md"
description: "MustangBattery expects a net profit of 143 million to 161 million yuan in 2024, a year-on-year increase of 35.91% to 52.88%. The company has enhanced its market competitiveness by optimizing its marketing network and strengthening sales promotion, resulting in growth in sales volume and revenue of its main products. At the same time, optimized supply chain management and cost reduction measures have maintained a high level of operational efficiency, with operating revenue and gross margin of main products increasing year-on-year"
datetime: "2025-01-20T08:41:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225523303.md)
  - [en](https://longbridge.com/en/news/225523303.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225523303.md)
generator: "portal-rs"
---

# MustangBattery issued a profit forecast, expecting a net profit of 143 million to 161 million yuan in 2024, a year-on-year increase of 35.91% to 52.88%

According to the Zhitong Finance APP, MustangBattery (605378.SH) announced that the company expects to achieve a net profit attributable to the owners of the parent company of RMB 143 million to RMB 161 million for the year 2024. Compared to the same period last year, this is expected to increase by RMB 37.8995 million to RMB 55.8096 million, a year-on-year growth of 35.91% to 52.88%.

During the reporting period, the company continuously optimized its marketing network layout and strengthened sales promotion efforts, resulting in an increasing market competitiveness. In 2024, the company's main product sales volume and sales revenue are expected to achieve year-on-year growth. At the same time, the company continues to optimize supply chain management and implement a series of comprehensive cost reduction and efficiency enhancement measures, maintaining high operational efficiency, with the company's operating revenue and main product gross profit margin improving year-on-year

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