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Wolong Electric Group Forecasts 51% Rise in 2024 Profit
Wolong Electric Drive: Wolong Electric Drive 2024 Annual Performance Pre-Increase Announcement
Wolong Electric Drive 2024 Annual Results Pre-Increase Announcement
Wolong Electric Group (600580.SH): Net profit is expected to increase by approximately 51% in 2024.
On January 21, Glory Holdings announced that Wolong Electric Group (600580.SH) published the 2024 annual performance forecast, expecting to achieve a net income of approximately 800 million yuan attributable to the parent company in 2024, a year-on-year increase of about 51%. It is expected to achieve a net income of approximately 690 million yuan attributable to the parent company after deducting non-recurring gains and losses in 2024, a year-on-year increase of about 45%. The company adheres to the growth strategy of three curves, insists on building a technology-leading enterprise, follows the Global Strategy for overseas market expansion, optimizes revenue structure while continuously exploring cost reduction opportunities, and achieves stable growth in performance.
SWHY: The machine dog Industry has formed a Global competitive landscape, with domestic brands currently dominating.
In recent years, supported by policies and capital, the number of enterprises and institutions deploying four-legged robots in the Global market has continued to increase, and the market size is growing rapidly.
A-shares mid-day review: The Chinext Price Index rose by 2.68%, with over 5,200 stocks increasing! Xiaohongshu Concept and Robot Concept led the gains.
As of the midday break, the Shanghai Composite Index rose by 1.75%, the Shenzhen Component Index rose by 2.42%, and the Chinext Price Index rose by 2.68%.