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Announcement of Shanghai New Huang Pu Industrial Group (2024-015) predicting a decrease in performance for the first half of 2024.
Shanghai New Huang Pu Industrial Group (600638.SH) is expected to see a year-on-year decrease of approximately 71% in net income for the first half of the year.
Shanghai New Huang Pu Industrial Group (600638.SH) announced that according to the preliminary calculation of the financial department, it is expected to achieve a net income of 21 million yuan attributable to the owner of the parent company in the first half of 2024, a decrease of approximately 71% year-on-year, which is a reduction of 51.43 million yuan compared with the same period last year. It is expected to achieve a non-recurring net income of 18 million yuan attributable to the owner of the parent company after deducting non-recurring gains and losses in the first half of 2024, a decrease of approximately 75% year-on-year, which is a reduction of 54.05 million yuan compared with the same period last year. The company disposed of equity of its subsidiary for investment income in the same period of the previous year, which will not happen in the first half of 2024.
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