Kuncai Technology(SH:603826)2024-04-15 11:11Financial Performance Expectations - The company expects a net profit attributable to shareholders for Q1 2024 to be between 20.2261 million and 20.9003 million yuan, representing a year-on-year increase of 50% to 55% compared to 13.4841 million yuan in the same period last year[1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 17 million and 18 million yuan, reflecting a year-on-year increase of 37.80% to 45.90% compared to 12.3369 million yuan last year[1][2]. - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by an accounting firm[4]. - As of the announcement date, there are no significant uncertainties affecting the accuracy of the performance forecast[4]. - The data provided is preliminary and the final financial figures will be disclosed in the official Q1 2024 report[5]. Earnings and Operational Performance - The company achieved an earnings per share of 0.0288 yuan in Q1 2023[3]. - The increase in performance is attributed to the steady rise in demand for pearlescent materials and the expansion of the product range and application fields[3]. - Continuous optimization of titanium dioxide production technology has led to improved performance indicators and positive market sales, supporting revenue growth[3]. - The company has implemented lean management and cost reduction measures, resulting in decreased production and operational costs and a recovery in gross margin[3]. Investment Advisory - Investors are advised to make cautious decisions and be aware of investment risks[5].