Hiconics: Expected net profit in 2024 is 10 million to 15 million yuan

Hiconics announced that it expects the net profit attributable to shareholders of the listed company for 2024 to be between 10 million and 15 million yuan, compared to a loss of 220 million yuan in the same period last year; the net profit after deducting non-recurring gains and losses is expected to be between 5 million and 10 million yuan, compared to a loss of 206 million yuan in the same period last year. The company focuses on three core businesses: green energy solutions, household energy storage and self-research and production of photovoltaic inverters, and self-research and production of high-voltage frequency converters. It actively seizes market opportunities, rapidly expands its business scale while promoting cost reduction and efficiency enhancement, improving the overall operational quality of the company, and achieving a turnaround from loss to profit in net profit attributable to shareholders of the listed company