On January 23, Tianyue Advanced announced its 2024 performance outlook, forecasting annual operating revenue to range between RMB 1.75 billion and RMB 1.85 billion, marking a year-over-year growth of 39.92% to 47.92%. Concurrently, the company anticipates a net profit attributable to shareholders for 2024 to be in the region of RMB 170 million to RMB 205 million, signaling a significant turnaround from a loss to a profit. After excluding non-recurring profits and losses, the net profit attributable to shareholders is projected to be between RMB 144 million and RMB 179 million, also marking a positive reversal.
