---
title: "HJT issued a profit forecast, expecting a net profit of 137 million to 160 million yuan in 2024, an increase of 423.44% to 511.32% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225539727.md"
description: "HJT expects a net profit of 137 million to 160 million yuan in 2024, an increase of 423.44% to 511.32% year-on-year. The company has improved operational efficiency by strengthening cost control and optimizing management, increasing the production and sales volume of its main products, while raw material prices have decreased and gross profit margins have rebounded. In addition, other income recognized based on the value-added tax policy has also increased"
datetime: "2025-01-20T10:28:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225539727.md)
  - [en](https://longbridge.com/en/news/225539727.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225539727.md)
generator: "portal-rs"
---

# HJT issued a profit forecast, expecting a net profit of 137 million to 160 million yuan in 2024, an increase of 423.44% to 511.32% year-on-year

According to the announcement from HJT (603577.SH), the company expects to achieve a net profit attributable to shareholders of the listed company of between 137 million yuan and 160 million yuan in 2024, an increase of 423.44% to 511.32% year-on-year.

During the reporting period, the company continued to strengthen cost control, optimize internal management, and actively improve operational efficiency, resulting in scale benefits. The production and sales volume of main products increased compared to the previous period, while the prices of main raw materials decreased compared to the previous period, leading to a rebound in the gross profit margin of main products. The company confirmed other income based on the value-added tax deduction policy for advanced manufacturing enterprises, and other income increased compared to the previous period

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