On January 21, Nexchip unveiled its earnings projections for 2024. According to these forecasts, the company anticipates achieving revenues between RMB 9.02 billion and RMB 9.47 billion for the year, marking a year-over-year growth of 24.52% to 30.74%. Profit attributable to shareholders of the parent company is expected to fall within the range of RMB 455 million to RMB 590 million, reflecting a substantial increase of 115% to 178.79% compared to the previous year. Furthermore, net profit after excluding non-recurring gains and losses is projected to be between RMB 340 million and RMB 440 million, signifying a remarkable surge of 621.42% to 833.6% year-on-year.
