Huafeng shares (002806.SZ) announced the 2024 half-year performance forecast, with a net profit attributable to shareholders of the listed company of 2 million yuan to 2.5 million yuan, compared with a loss of 29.0192 million yuan in the same period last year; The net profit after deducting non-recurring gains and losses was a loss of 1.5 million yuan to 1 million yuan, compared with a loss of 30.8478 million yuan in the same period last year; the basic earnings per share were 0.0105 yuan/share - 0.0131 yuan/share.
Regarding the electrode foil, sales have increased due to the continued recovery in demand in the electronic components industry, with sales revenue increasing by about 40% compared to the same period last year. The increase in orders has significantly increased capacity utilization rate, reduced unit costs, and increased gross margin. Income growth and gross margin improvement have led to significant profit growth for the electrode foil.
Regarding the new energy sector, China's new energy autos continue to grow, and relying on the good development and driving role of the industry, the company's new energy auto business sales revenue increased by approximately 30% year-on-year during the reporting period, while maintaining a good production scale and capacity level.