Shanghai Tianchen (600620.SH) forecasts a increase in profit, with an estimated net profit of 30 to 34 million yuan for the year 2024, representing a year-on-year growth of approximately 37.54% to 55.88%.

Shanghai Tianchen (600620.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of approximately 30-34 million yuan in the annual period of 2024, an increase of approximately 37.54% to 55.88% compared to the same period last year. During the reporting period, the company generated related income from the disposal of subsidiary equity due to optimizing its industry structure, which was not present in the same period last year.