
BRILLIANT issued a profit warning, expecting a year-on-year net profit decline of 41.60%–60.59% for the fiscal year 2024

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BRILLIANT expects its net profit for the year 2024 to decline by 41.60% year-on-year to 60.59%, with the net profit attributable to shareholders of the listed company expected to be between 12.1103 million yuan and 18.1103 million yuan. Although the company has seen an increase in orders in the domestic and international elevator markets, the decline in operating revenue and gross profit, along with increased period expenses due to market environment impacts, has led to a decrease in performance. Non-recurring gains and losses mainly come from debt restructuring gains
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