Bestlink Technologies (603206.SH) expects a net profit of approximately 74 million to 110 million yuan in 2024, a year-on-year decrease of about 40.73% to 60.13%.

Bestlink Technologies (603206.SH) announced that, according to preliminary calculations by the company's finance department, it is expected to achieve a net profit attributable to the owners of the parent company of approximately 74 million to 110 million yuan in 2024. This represents a decrease of approximately 75.61 million to 111.61 million yuan compared to the same period last year, a year-on-year decrease of approximately 40.73% to 60.13%. The company expects to achieve a net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, of approximately 61 million to 97 million yuan in 2024. This represents a decrease of approximately 62.81 million to 98.81 million yuan compared to the same period last year, a year-on-year decrease of approximately 39.30% to 61.83%. During the reporting period, intensified market competition, rising procurement costs, and increased labor costs collectively led to a decrease in the gross profit margin of the main business compared to the same period last year.