Shenzhen Hello Tech Energy (301327.SZ): Net profit in the first half of the year is expected to be between 60 million to 80 million RMB, an increase of 217.54% to 256.73% compared to the same period last year.

Shenzhen Hello Tech Energy (301327.SZ) has announced its performance forecast for the first half of 2024. According to preliminary calculations by the financial department, it is expected to achieve a net profit attributable to shareholders of 60-80 million yuan, a year-on-year increase of 217.54% - 256.73%. The non-GAAP net profit attributable to shareholders is expected to be 32-42 million yuan, a year-on-year increase of 138.88% - 151.03%. The company's profitability is further improved thanks to the continuous improvement of brand strength and product competitiveness, as well as the company's efforts in reducing costs, increasing efficiency, optimizing costs, and controlling expenses.