On July 8th, Gelunhui reported that Shanghai Huayi Group Corporation (600623.SH) released a performance forecast for the first half of 2024, with a preliminary estimate by the finance department indicating that the net income attributable to shareholders of the listed company is expected to be between 0.35 billion yuan and 0.45 billion yuan, a year-on-year increase of 215.44% to 305.57%. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 0.32 billion yuan and 0.42 billion yuan, a year-on-year increase of 2668.45% to 3533.60%.
In recent years, the company has continuously accelerated the pace of major project construction. The Guangxi New Materials project is being orderly promoted according to plan in the first half of 2024, bringing incremental business to the company. At the same time, the company continues to optimize lean production, implement measures such as reducing costs and increasing efficiency, production equipment operates steadily, control levels and operational efficiency continue to improve, and the gross profit of the main products increased in the first half of 2024, and operating profit increased year-on-year.