JinGuan Electric (SH:688517)2024-07-14 07:34Financial Performance - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 50 million and 52 million yuan, an increase of 17.12 million to 19.12 million yuan compared to the same period last year, representing a year-on-year growth of 52.07% to 58.15%[3]. - The net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is expected to be between 44 million and 46 million yuan, an increase of 12.39 million to 14.39 million yuan compared to the same period last year, reflecting a year-on-year growth of 39.20% to 45.53%[3]. - The total profit for the same period last year was 35.61 million yuan, with a net profit attributable to shareholders of the parent company of 32.88 million yuan[5]. - The company achieved a basic earnings per share of 0.24 yuan in the same period last year[5]. Factors Contributing to Profit Growth - The significant increase in net profit is primarily due to changes in the product revenue structure and the delivery of key projects related to lightning protection products[6]. - The company has strengthened lean management and continuously reduced costs and increased efficiency, contributing to the substantial year-on-year growth in net profit[6]. Financial Forecast and Risks - The performance forecast has not been audited by registered accountants and is based on preliminary calculations by the financial department[4]. - The company assures that there are no major uncertainties affecting the accuracy of the performance forecast[8]. - The financial data provided in the forecast is preliminary and the specific accurate financial data will be disclosed in the official 2024 semi-annual report[9]. - Investors are advised to pay attention to investment risks related to the preliminary nature of the financial data[9].