Poly Plastic Masterbatch (300905.SZ) releases a forecast of a net profit of 110 million to 118 million RMB for the year 2024, an increase of 10.57% to 18.61%.

Poly Plastic Masterbatch (300905.SZ) has released its annual performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company of 1.1 billion to 1.18 billion yuan, an increase of 10.57% to 18.61% compared to the previous year. The company has continued to focus on research and development, innovation, and market expansion, leading to improvements in product quality and sales volume. During the reporting period, the company's operating income increased by approximately 14% compared to the previous year. The gross profit margin of the company has also seen a steady increase, with an increase of approximately 43 million yuan compared to the same period last year, representing a 20% year-on-year increase. In order to incentivize employees, the company has implemented an equity incentive plan, with a provision of approximately 24.59 million yuan in share payment expenses during the reporting period, expected to have an impact on net profit attributable to shareholders of approximately 21.56 million yuan. Non-recurring gains and losses during the reporting period are expected to have an impact of approximately 13.85 million yuan on net profit attributable to shareholders.