Gelonghui, July 10 | Dexin Technology (603032.SH) announced its 2024 semi-annual results forecast. According to preliminary estimates by the company's finance department, it is estimated that the net profit attributable to the owner of the parent company in the 2024 semi-year will be 7 million yuan to 9 million yuan, a year-on-year decrease of 94.96% to 93.53%. Net profit attributable to the owner of the parent company after deducting non-recurring profit and loss is expected to be achieved in the first half year of 2024 - 17 million yuan to -14 million yuan, a year-on-year decrease of 112.55% to 110.33%.
During the reporting period, the company's new energy market was still fiercely competitive. Affected by the industry cycle and downstream price wars, sales of the company's molds and cutters still declined to a certain extent. Combined with the effects of multiple factors such as overcapacity and increased competition in the industry, the company's business scale, order price, and order volume all declined to a certain extent, squeezing profit margins to a certain extent, leading to a decline in the company's profitability.