Foryou Corporation (002906.SZ) announced the 2024 performance forecast for the first three quarters on October 14. In the first three quarters, the net income attributable to shareholders of the listed company is expected to be profitable at 450 million yuan to 475 million yuan, an increase of 51.26% to 59.67% compared to the same period last year; the net income profit after deducting non-recurring gains and losses is expected to be 435 million yuan to 460 million yuan, an increase of 55.46% to 64.39% compared to the same period last year; basic earnings per share are expected to be profitable at 0.86 yuan per share to 0.91 yuan per share.
In the third quarter of 2024, the net profit attributable to shareholders of the listed company is expected to be profitable at 163.0741 million yuan to 188.0741 million yuan, an increase of 40.86% to 62.45% compared to the same period last year; the net income profit after deducting non-recurring gains and losses is expected to be profitable at 157.5465 million yuan to 182.5465 million yuan, an increase of 41.84% to 64.34% compared to the same period last year; basic earnings per share are expected to be profitable at 0.31 yuan per share to 0.36 yuan per share.
Revenue significantly increased compared to the same period last year: In the automotive electronics business, sales revenue of cockpit domain control, HUD, screen display, in-car wireless charging, precision motion mechanism, digital acoustics, LCD instruments, in-car cameras, and other products increased significantly year-on-year; in the precision die-casting business, sales revenue of automotive intelligent components and optoelectronic module components increased significantly year-on-year.
Sales profit margin increased: Scale effect, company management improvement.