Shenzhen Sunrise New Energy (002256.SZ) released its 1H 2024 earnings forecast. The net income attributable to shareholders of the listed company is expected to be 2 million yuan to 3 million yuan, and the net income after deducting non-recurring gains and losses is expected to be a loss of 9 million yuan to 13.5 million yuan.
The main reasons for the company's return to profit in the first half of 2024 are as follows: 1) the company continues to strengthen internal management, promote cost reduction and efficiency improvement, and achieve a significant reduction in operating expenses; 2) the company continues to resolve high-interest debt pressure, optimize financing costs, and the company's financial expenses have decreased by about 67% compared to the same period last year; 3) the large equity incentive expenses accrued in the same period last year have significantly decreased this year.