JSZY issued a profit warning, expecting a net profit of approximately 26 million yuan for the fiscal year 2024, turning losses into profits
I'm LongbridgeAI, I can summarize articles.JSZY expects a net profit of approximately 26 million yuan for the fiscal year 2024, achieving a turnaround from losses to profits. Despite the complex economic situation, the company continues to promote the development of various business segments, with overall business revenue steadily increasing. Its subsidiary Jiangsu High-tech Industry Investment Co., Ltd. has achieved profitability by strengthening project management, while Shenzhen Yinengda and Beijing Shenzhou Longxin still incurred losses due to market environment and other factors
According to the Zhitong Finance APP, JSZY (600770.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of approximately 26 million yuan in 2024, which will turn from a loss to a profit compared to the same period last year.
In 2024, facing an increasingly complex economic situation, the company will continue to promote the development of various business segments, expand and implement new business growth points, and the overall business revenue scale is expected to steadily increase compared to last year. This year, the net profit attributable to shareholders of the listed company, after deducting non-recurring gains and losses, has significantly reduced losses compared to last year, mainly due to the subsidiary Jiangsu High-tech Industry Investment Co., Ltd. further strengthening project management and optimizing management mechanisms, thus achieving a turnaround this year; subordinate companies Shenzhen Yinand Financial Information Co., Ltd. and Beijing Shenzhou Longxin Integrated Circuit Design Co., Ltd. incurred losses due to market environment and business investment factors, resulting in a loss for the current period after deducting non-recurring gains and losses