Guanhao High-tech issues a profit warning, expecting a net profit of 177 million yuan in 2024, turning losses into profits

According to the Zhitong Finance APP, Guanhao High-tech (600433.SH) announced that the company expects to achieve a net profit attributable to the owners of the parent company of approximately 177 million yuan for the year 2024, which will turn losses into profits compared to the same period last year (statutory disclosure data).

The main reasons for the significant improvement in the company's performance during this period are as follows: first, continuous optimization of marketing strategies and product structure, with product sales volume and sales prices increasing year-on-year; second, the price of raw material pulp boards decreased year-on-year, leading to a decline in production costs and an increase in product gross profit year-on-year; third, the company was recognized as an advanced manufacturing enterprise. According to the Ministry of Finance and the State Administration of Taxation announcement [2023] No. 43, the deductible input tax amount can be reduced by 5% to offset the payable value-added tax amount, which contributed to the increase in operating profit; fourth, the company completed the disposal of equity in its subsidiary, resulting in a significant increase in investment income