Shenzhou Cell (688520.SH) announced that the company expects to become a parent company in the first quarter of 2024...
Zhitong Finance App News, Shenzhou Cell (688520.SH) announced that the company expects to achieve net profit of 60 million yuan to 80 million yuan in the first quarter of 2024, from loss to profit. The net loss attributable to owners of the parent company for the same period last year was 153 million yuan.
The company is expected to achieve operating income of 600 million yuan to 620 million yuan in the first quarter of 2024, and to achieve a shift from loss to profit, mainly due to continuous steady growth in the company's product sales revenue, as well as cost reduction and efficiency through controlling operating costs and improving R&D efficiency.