Guanghe Technology (001389.SZ) released its performance forecast for the first half of 2024, with a net profit attributable to shareholders of the listed company of 300 million yuan to 320 million yuan, an increase of 90.13% -102.81% compared with the same period last year; after deducting the non-recurring profit and loss, the net profit was 305 million yuan -325 million yuan, an increase of 63.06% -73.75% compared with the same period last year; the basic earnings per share were 0.71 yuan/share - 0.76 yuan/share.
Benefiting from the growth in demand for high-layer, high-precision, high-density, and high-reliability printed circuit boards in traditional server iteration and upgrade and emerging computing scenarios such as artificial intelligence, the company's revenue and net income for the first half of 2024 are expected to increase compared to the same period last year. During the reporting period, the demand in the company's industry was stable, and operational performance steadily improved.