Elegant(603221)2024-07-09 07:34Profit Forecast - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 67.5 million and 75 million RMB[2]. - The expected net profit after deducting non-recurring gains and losses is projected to be between 75 million and 82 million RMB[9]. - The company anticipates a turnaround from a loss in the same period last year, where the net profit was -0.8591 million RMB[3]. - The previous year's net profit after deducting non-recurring gains and losses was -1.2897 million RMB[9]. - The earnings forecast indicates a significant recovery compared to the previous year's performance[3]. Factors Influencing Profit - The significant increase in net profit is attributed to a rise in business volume and substantial growth in main business revenue[10]. - The company benefited from the appreciation of the US dollar against the RMB and low raw material prices, positively impacting net profit[10]. Uncertainties and Risks - The company has not identified any major uncertainties affecting the accuracy of this profit forecast[10]. - The financial data provided is preliminary and subject to final confirmation in the official half-year report[10]. - The company emphasizes the importance of investors being aware of investment risks related to the preliminary data provided[10].