Joint Stock: Net profit for the first three quarters is expected to rise by 51.63%-79.71%

On October 10th, Jin10 Data reported that Tongwei shares announced its performance forecast for the first three quarters of 2024. The net profit attributable to the shareholders of the listed company is expected to be between 135 million yuan and 160 million yuan, a rise of 51.63% to 79.71% year-on-year; the net profit after deducting non-recurring gains and losses is expected to be between 124 million yuan and 148 million yuan, a rise of 35.15% to 61.31% year-on-year. The basic earnings per share are between 0.62 yuan/share and 0.73 yuan/share. The main reason for the year-on-year rise in the company’s net profit is the increase in operating income during the reporting period, which resulted in an increase in the company’s total profit.