Summary by Moomoo AI
Q Tech (Group) Co., Ltd. announced that shareholders' comprehensive attributable net profit for the six months ending June 30, 2024 is expected to increase by about 400% to 500% compared to the same period last year, reaching approximately CNY 21,692,000. This significant growth is mainly due to the improvement of the global smart phone market, the increase of cooperation share, the progress of the business of camera modules for car and IoT fields, the increase of sales proportion of high-end camera modules, and the improvement of performance of joint venture companies. The company's board of directors emphasized that these data are based on the preliminary review of management reports that have not been audited by auditors, and reminded shareholders and potential investors to pay attention to the actual performance which may be different, and suggested focusing on the mid-term performance announcement that will be released in mid-August 2024.