Junhe Pumps Holding (603617.SH) forecasts a net profit of 56 million to 62 million yuan in the first three quarters, an increase of 35.56% to 50.09%.

Junhe Pumps Holding (603617.SH) announced its performance forecast for the first three quarters of 2024, expecting a net profit attributable to the owners of the parent company to be between 56 million and 62 million yuan, an increase of 35.56% to 50.09% compared to the same period last year. The increase in performance is mainly attributed to the improving industry trends in overseas markets and the growing demand from target customer groups. The company's current orders have significantly increased compared to the previous year, leading to an effective increase in the company's product sales volume and gross profit margin. Additionally, the company has been enhancing internal management, improving overall operational capabilities, actively promoting brand building, which effectively supported the current performance.