Gross Margin Declines: Sino-British Technology Forecasts 74.66%-82.88% Year-on-Year Drop in Net Profit for 2024
2025-01-20 / Read about 0 minute
Author:小编   

On January 19, Sino-British Technology issued its 2024 annual performance forecast, highlighting that a sluggish domestic consumption environment, compounded by intensified industry competition, has contributed to a year-over-year decrease in gross margin. The company anticipates its net profit attributable to shareholders of the listed company to fall within the range of 25 million to 37 million yuan, marking a significant year-on-year decline of 74.66% to 82.88%. Additionally, the net profit after excluding non-recurring gains and losses is projected to be between 17 million and 25 million yuan, reflecting a year-on-year decrease of 9.84% to 38.69%.