On July 12, Gelunhui reported that Suzhou Secote Precision Electronic (603283.SH) announced that, according to preliminary calculations by the financial department, the net income belonging to the mother company's owner is expected to be between 1.48 billion yuan and 1.6 billion yuan in the first half of 2024. Compared with the same period of the previous year (legally disclosed data), it is expected to increase by 44.4785 million yuan to 56.4785 million yuan, a year-on-year increase of 42.97% to 54.56%. It is expected that the net income after deducting non-recurring gains and losses belonging to the mother company's owner in the first half of 2024 will be 1.285 billion yuan to 1.4 billion yuan. Compared with the same period of the previous year (legally disclosed data), it is expected to increase by 57.6714 million yuan to 69.6714 million yuan, a year-on-year increase of 81.42% to 98.37%.
During the reporting period, the company's intelligent manufacturing equipment technology and service quality were further recognized by customers. At the same time, the company strengthened its market expansion, and the sales scale increased compared with the same period last year, and some product gross margin improved compared with the same period last year; the government subsidy received in the non-recurring gains and losses of the company decreased compared with the same period last year, which affected the higher growth of net income after deducting non-recurring gains and losses.