ZANYU TECHNOLOGY issued a profit forecast, with a net profit of 150 million to 190 million yuan for the year 2024, an increase of 70.68% to 116.20%
I'm LongbridgeAI, I can summarize articles.ZANYU TECHNOLOGY released its performance forecast for 2024, expecting a net profit of 150 million to 190 million yuan, a year-on-year increase of 70.68%-116.20%. This is mainly benefited from the rise in prices of raw materials such as palm oil and fatty alcohol, which has driven up product prices. At the same time, the company's new production capacity is gradually being released, and refined management is continuously being promoted to achieve cost reduction and efficiency enhancement
According to the Zhitong Finance APP, ZANYU TECHNOLOGY (002637.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 150 million yuan and 190 million yuan, a year-on-year increase of 70.68% to 116.20%.
During the reporting period, the company's product prices rose due to the increase in prices of major raw materials such as palm oil and fatty alcohol, leading to an increase in the main business profits year-on-year; at the same time, the company's new production capacity was gradually released, and it continued to promote refined management to achieve cost reduction and efficiency improvement