On July 11th, Gelon announced Shanghai Shenda (600626.SH) 2024 semi-annual performance forecast. According to preliminary calculations by the finance department, it is expected to achieve a net profit attributable to the owner of the parent company of 45 million yuan to 67.5 million yuan in the first half of 2024. It is expected to achieve a net profit attributable to the owner of the parent company after deducting non-recurring gains and losses of 43 million yuan to 67 million yuan in the first half of 2024.
In the first half of 2024, the company's sales revenue increased, mainly from the growth of overseas auto interior business income; along with the smooth progress of the company's global reform work, through vertical supply integration, increased procurement cooperation, improved quality of overseas plant operations, and effective control of comprehensive costs, there was a significant increase in gross margin for overseas auto interior business; in addition, there was some exchange gain in the first half of 2024 due to exchange rate fluctuations.
