GenTech(SH:688596)2024-10-15 08:04Revenue Projections - For the first three quarters of 2024, the company expects revenue to be between 3,380 million and 3,610 million RMB, representing a year-on-year growth of 40% to 50%[2]. Profit Projections - The projected net profit attributable to the parent company for the same period is estimated to be between 325 million and 339 million RMB, reflecting a year-on-year increase of 20% to 25%[2]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between 300 million and 320 million RMB, indicating a year-on-year growth of 50% to 60%[2]. Cash Flow - The net cash flow from operating activities during the reporting period is projected to be between 110 million and 125 million RMB, showing good collection performance[2]. - The net cash flow from operating activities has significantly improved compared to the first half of 2024, primarily due to increased sales revenue and effective inventory control[4]. Factors Influencing Performance - The significant increase in sales revenue and profit is attributed to the growth in market demand, enhanced competitiveness, and improved operational efficiency[4]. Forecast Disclaimer - The company emphasizes that the above forecasts are preliminary estimates and the actual financial data will be disclosed in the official Q3 2024 report[5].