HQTI(SH:688281)2024-04-18 11:38Financial Performance - The company expects to achieve a net profit attributable to shareholders of RMB 11,440.88 million in Q1 2024, an increase of RMB 2,599.88 million, representing a year-on-year growth of 29.41%[12]. - The projected operating revenue for Q1 2024 is RMB 24,754.10 million, which is an increase of RMB 6,082.26 million, reflecting a year-on-year growth of 32.57%[3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be RMB 11,135.93 million, up by RMB 2,460.25 million, a year-on-year increase of 28.36%[7]. - In Q1 2023, the company reported a net profit attributable to shareholders of RMB 8,841.00 million[2]. - The company’s operating revenue in Q1 2023 was RMB 18,671.84 million[18]. Market and Operational Factors - The increase in performance is primarily driven by sustained growth in downstream market demand and accelerated order fulfillment[9]. - The company has seen a steady increase in production and sales volume compared to the same period last year due to the rise in new product orders[15]. Financial Reporting and Risks - The financial data presented is preliminary and has not been audited by registered accountants, with the final figures to be disclosed in the official Q1 2024 report[19]. - The company has not identified any significant uncertainties that could affect the accuracy of the performance forecast[16]. - Investors are advised to be cautious of investment risks as the performance forecast data is subject to change pending the official report[19].