JSST issued a profit warning, expecting a year-on-year decline in net profit of 66.60%-77.73% for the fiscal year 2024

JSST released its performance forecast for 2024, expecting a net profit decline of 66.60%-77.73% year-on-year, with an estimated annual net profit attributable to shareholders of the listed company ranging from 25 million to 37.5 million yuan. Nevertheless, the company signed new orders worth 2.385 billion yuan during the reporting period, a year-on-year increase of 13.5%. Among these, new orders from innovative businesses amounted to 1.279 billion yuan, a year-on-year increase of 44.1%, accounting for 53.64% of total new orders

According to the Zhitong Finance APP, JSST (002609.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 25 million yuan and 37.5 million yuan, a year-on-year decrease of 66.60% to 77.73%.

During the reporting period, the company continued to promote its business transformation, achieving new signed orders of 2.385 billion yuan for the year, a year-on-year increase of 13.5%. Among them, various innovative businesses achieved new signed orders of 1.279 billion yuan, a year-on-year increase of 44.1%, with the proportion of new signed orders from innovative businesses further increasing to 53.64%, further reflecting the results of the company's transformation and development