Kennede Electronics Mfg. (002723.SZ) announced its performance forecast for the first half of 2024, with a net income of 3-4.5 million yuan attributable to shareholders of listed companies, a decrease of 90.07%-85.10% from the same period last year; net income of 2.54-4.04 million yuan after deducting non-recurring gains and losses, a decrease of 91.40%-86.33% from the same period last year; earnings per share of 0.0094 yuan/share-0.0142 yuan/share.
Due to macro environmental factors such as market conditions, the company's construction business revenue and profit decreased. During the reporting period, the company vigorously promoted, publicized, and expanded the market for new products and new businesses such as healthy light and heat pumps, and marketing expenses increased.