Beijing Tianyishangjia New Material Corp. (688033.SH) announced that the company is expected to achieve a net profit attributable to the listed company's shareholders for the first three quarters of 2024 before a loss.
Zhichuan Finance and Economics App News, Beijing Tianyishangjia New Material Corp. (688033.SH) announced that the company expects to achieve a net profit attributable to the listed company's shareholders between a loss of 0.58 billion yuan and 0.6 billion yuan for the first three quarters of 2024, compared to a net profit of 0.236 billion yuan in the same period last year.
During the reporting period, the company's track transportation business had a high winning bid amount, showing strong overall market competitiveness; constrained by the cyclical impact of the photovoltaic industry, the demand for monocrystalline pulling consumables by downstream customers in the photovoltaic industry chain has not shown significant improvement yet, affecting the company's photovoltaic new energy sector business; impacted by factors such as low product prices, provision for inventory impairment, depreciation and amortization expenses, and increased financing costs, the company's operating income and net income for the reporting period significantly declined compared to the same period.
