Baoding Tianwei Baobian Electric (600550.SH) announced its performance forecast for the first half of 2024, and it is expected to achieve a net income of approximately 22 million yuan attributable to the owners of the parent company, turning losses into profits compared to the same period last year. It is expected to achieve a net income of approximately 17 million yuan attributable to the owners of the parent company after deducting non-recurring gains and losses in the first half of 2024 based on preliminary calculations by the company's finance department.
Orders for ultra high pressure and other products of the company have been successively sold in this reporting period, resulting in an increase in revenue and product gross profit.