Sytech(SH:600183)2024-07-09 09:21Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 900 million and 950 million yuan, an increase of 34.51 million to 39.51 million yuan compared to the same period last year, representing a year-on-year increase of 62% to 71%[2] - The net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is expected to be between 880 million and 930 million yuan, an increase of 36.30 million to 41.30 million yuan compared to the same period last year, representing a year-on-year increase of 70% to 80%[2] - The net profit for the same period last year was 554.90 million yuan, and the net profit after deducting non-recurring gains and losses was 516.99 million yuan[5] Factors Driving Profit Growth - The increase in profit is primarily driven by a rise in the production and sales volume of copper-clad laminates, a decrease in unit manufacturing costs, and an optimized sales structure, leading to increased revenue and gross margin[5] - The subsidiary, Shengyi Electronics Co., Ltd., has continuously optimized its product structure and improved its business regional layout, resulting in growth in production, sales, and operating income due to rising market demand for high-layer, high-precision, high-density, and high-reliability multilayer printed circuit boards[5] - The company has benefited from the VAT input tax credit policy, which has increased other income and contributed to profit growth[5] Performance Forecast and Reporting - There are no significant uncertainties affecting the accuracy of this performance forecast[6] - The preliminary financial data provided is unaudited and the final figures will be disclosed in the official half-year report scheduled for August 28, 2024[6]