GOODIX(SH:603160)2024-07-09 07:33Revenue and Profit Forecast - The company expects to achieve approximately CNY 2.26 billion in revenue for the first half of 2024, representing a year-on-year growth of about 11.8%[1] - The estimated net profit attributable to the parent company for the first half of 2024 is approximately CNY 317 million, a significant increase of CNY 452.98 million compared to a net loss of CNY 135.98 million in the same period last year, indicating a turnaround to profitability[1][2] - The estimated net profit attributable to the parent company after deducting non-recurring gains and losses is approximately CNY 274 million, an increase of CNY 439 million compared to a net loss of CNY 165 million in the previous year[1][2] Performance Improvement Factors - The improvement in performance is attributed to increased demand from end customers, leading to higher shipment volumes and revenue, along with optimized product costs due to a decrease in wafer costs[3] - The company has not experienced significant asset impairment in the first half of 2024, unlike the previous year when substantial impairment provisions were made[3] - The company continues to manage R&D, sales, and administrative expenses effectively, with expectations of a year-on-year decrease in these costs[3] Financial Reporting and Audit - The performance forecast has not been audited by registered accountants, and there are no significant uncertainties affecting the accuracy of the forecast[4] - The data provided is preliminary and the final financial figures will be disclosed in the official 2024 semi-annual report[5]