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Visionox has issued its 2024 annual performance forecast, projecting a net loss ranging from 2.4 billion to 2.8 billion yuan. Despite this, the company anticipates operating revenue to reach between 7.7 billion and 8 billion yuan, marking a robust year-on-year increase of 29.94% to 35%. The primary factor contributing to the net loss is the substantial increase in demand for OLED mobile phone panels, fueled by the resurgence of the consumer electronics industry. This surge has led to a significant boost in the company's shipments and a gross profit margin expansion of over 30 percentage points, translating into higher operating gross profit. Additionally, non-recurring gains and losses have contributed approximately 442 million yuan to the growth of net profit.
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