SG Micro issued its 2024 annual performance outlook on January 27, projecting a net profit range of RMB 449 million to RMB 533 million for the fiscal year, signifying a substantial growth of 60% to 90% compared to the previous year. Excluding non-recurring gains and losses, the adjusted net profit is anticipated to lie between RMB 388 million and RMB 472 million, marking an even more robust year-on-year increase of 83.32% to 123.10%.
