Baoding Tianwei Baobian Electric (SH:600550)2025-01-21 10:15Financial Performance - The company expects a net profit of approximately 95 million yuan for the year 2024, marking a turnaround from a loss in the previous year[3] - The estimated net profit after deducting non-recurring gains and losses for 2024 is around 89.5 million yuan[3] - In the previous year, the net profit attributable to the parent company was a loss of approximately 205.81 million yuan[5] Business Operations - The company achieved a significant increase in product orders due to the national investment in power grid construction, particularly in ultra-high voltage projects[7] - The company has focused on cost reduction and efficiency improvement, leading to increased revenue and gross profit[7] Earnings Forecast - The earnings forecast has not been audited by a registered accountant, and investors are advised to consider investment risks[9] - There are no major uncertainties that could affect the accuracy of the earnings forecast[8]