Huaying Agricultural announces a profit forecast, expecting a net profit of 28 million to 40 million yuan for the fiscal year 2024, turning losses into profits year-on-year
I'm LongbridgeAI, I can summarize articles.Huaying Agricultural expects a net profit of 28 million to 40 million yuan for the year 2024, turning a profit compared to the previous year. The company is promoting steady growth in the production and sales volume of its main products by enhancing industry chain management, increasing capacity utilization, and intensifying market development efforts, resulting in good performance growth. At the same time, the investment income from its equity investees has also increased compared to the same period last year
According to the Zhitong Finance APP, Huaying Agricultural (002321.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 28 million yuan and 40 million yuan, turning a profit compared to the previous year.
The main reasons are that during the reporting period, the company continuously improved the lean management level of its industrial chain, increased capacity utilization, intensified market development efforts, and steadily increased the production and sales of its main products compared to the previous year, resulting in good growth in the company's performance; at the same time, the company confirmed an increase in investment income from its equity investees compared to the same period last year