Yoke Technology: Expected net profit growth of 46.68%-60.49% year-on-year in 2024
Yoke Technology announced that it expects a net profit of 850 million to 930 million yuan in 2024, a year-on-year increase of 46.68% to 60.49%. Benefiting from the rapid development of the downstream shipbuilding industry and the growing demand for insulation materials from domestic liquefied natural gas storage and transportation equipment manufacturing companies, the number of material orders and engineering installation orders for the company's liquefied natural gas insulation board business has increased, leading to a significant rise in operating revenue from liquefied natural gas insulation boards. With the recovery of the domestic integrated circuit industry and the capacity growth of downstream chip manufacturers, the market demand for electronic materials continues to grow, resulting in a noticeable increase in revenue from the company's electronic materials business. The company's materials for display panels business is steadily improving, with significant growth in sales performance of materials and supporting reagent products for display panels
