On January 23, Brite Semiconductor unveiled its 2024 financial performance forecast, estimating an annual net profit attributable to shareholders to fall within the range of 57 million to 65 million yuan, marking a year-on-year decrease of between 61.87% and 66.56%. Furthermore, after excluding non-recurring gains and losses, the net profit attributable to shareholders is projected to be between 41 million and 47 million yuan, representing a year-on-year decline of 67.82% to 71.93%.
