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Quartz Co., Ltd. Anticipates 93.25% to 94.44% Year-on-Year Decline in 2024 Net Profit
2025-01-14
Quartz Co., Ltd. forecasts a significant decrease in its net profit for the year 2024, ranging from 93.25% to 94.44% lower than the previous year, with the projected net profit falling within the bracket of 280 million to 340 million yuan. This anticipated downturn is predominantly attributed to market volatility and a decline in demand within the photovoltaic industry. In response to these challenges, the company plans to fortify its cost management, bolster the competitiveness of its products, and augment investments in research and development within the semiconductor sector, aiming to identify and capitalize on new avenues for growth.
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