SINOJIT Technology(SH:601218)2025-01-17 10:10Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 27.1346 million and 33.9183 million yuan, representing a decrease of 10.41604 million to 9.73767 million yuan compared to the previous year, a year-on-year decline of 79.33% to 74.17%[2]. - The expected net profit after deducting non-recurring gains and losses for 2024 is projected to be between 8.6369 million and 15.4206 million yuan, a decrease of 11.35202 million to 10.67365 million yuan compared to the previous year, reflecting a year-on-year decline of 92.93% to 87.38%[3]. - The total profit for the year 2023 was 143.8738 million yuan, with a net profit attributable to shareholders of the parent company of 131.2950 million yuan[5]. Reasons for Performance Decline - The decline in performance is primarily attributed to a significant drop in the selling price of wind power castings due to overcapacity, leading to losses in the main business[6]. - A settlement with a strategic customer regarding a dispute over new material products is expected to reduce the company's overall net profit by approximately 53 million yuan in 2024[7]. Earnings Forecast Validity - The earnings forecast has not been audited by a registered accountant, and the company has not identified any major uncertainties affecting the accuracy of the forecast[8].