JIANGSU DAGANG issued a profit warning, with a net profit of 21 million to 27 million yuan for the year 2024, a decrease of 69.45% to 76.24%
I'm LongbridgeAI, I can summarize articles.JIANGSU DAGANG released its 2024 annual performance forecast, expecting a net profit of 21 million to 27 million yuan, a year-on-year decrease of 69.45%-76.24%. This change is mainly due to the impact of non-recurring gains from the previous year, particularly the remeasurement of gains resulting from the equity change of Suzhou Keyang Semiconductor Co., Ltd
According to the Zhitong Finance APP, JIANGSU DAGANG (002077.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 21 million and 27 million yuan, a year-on-year decrease of 69.45% to 76.24%.
The significant change in net profit attributable to shareholders of the listed company during the reporting period is due to large non-recurring gains from the previous year. In 2023, Suzhou Keyang Semiconductor Co., Ltd. ("Suzhou Keyang") changed from a subsidiary controlled by the company to an associated company, and the company remeasured its long-term equity investment in Suzhou Keyang at fair value, which increased the net profit for the same period last year by 76.9633 million yuan, classified as non-recurring gains and losses