Autel(SH:688208)2024-07-02 09:13Financial Performance - The company expects to achieve operating revenue of between 1,830 million and 1,850 million CNY for the first half of 2024, representing a year-on-year increase of 26.41% to 27.79%[2] - The net profit attributable to the parent company is projected to be between 380 million and 400 million CNY, reflecting a significant year-on-year growth of 101.03% to 111.62%[2] - The net profit attributable to the parent company after deducting non-recurring gains and losses is estimated to be between 260 million and 280 million CNY, with a year-on-year increase of 37.17% to 47.72%[2] Business Segments - The traditional diagnostic business is expected to generate operating revenue of 1,460 million to 1,470 million CNY, with a year-on-year growth of over 15%[5] - The new energy charging pile business is anticipated to achieve operating revenue of 370 million to 380 million CNY, showing a year-on-year increase of over 80%[5] Strategic Focus - The company is focusing on the development trend of automotive electrification while maintaining its competitive advantage in traditional diagnostic business[5] - The significant growth in revenue and profit is attributed to the company's efforts in exploring niche markets and enhancing its technological and market advantages in the global diagnostic and testing fields[5] Financial Reporting - The financial data provided is preliminary and has not been audited by registered accountants, with the final figures to be disclosed in the official half-year report[6][7] - Investors are advised to be cautious regarding investment risks as the preliminary data may be subject to changes[7] Non-Recurring Gains - The company completed a 5% equity transfer of its subsidiary, Shenzhen Saifang Technology Co., Ltd., resulting in an investment income of approximately 99 million CNY included in non-recurring gains and losses for the period[5]