On January 21, Shanghai Belling unveiled its earnings forecast for 2024, anticipating a net profit attributable to shareholders of the parent company in the range of 380 million to 400 million yuan for the entire year, marking a significant turnaround from losses to profits on a year-over-year basis. After adjusting for non-recurring gains and losses, the net profit attributable to shareholders of the parent company is expected to lie between 268 million and 288 million yuan, reflecting a robust year-on-year growth of 58% to 69%.
