Gdh Supertime Group (001338.SZ) announced that its net profit for the year 2024 is expected to increase by 49.80% to 94.74% to reach between 2.6 billion yuan and 3.38 billion yuan.

Gdh Supertime Group (001338.SZ) announced its financial performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company to be between 260 million yuan and 338 million yuan, an increase of 49.80% to 94.74% year-on-year. The company expects a significant year-on-year increase in net profit for 2024, mainly due to: 1. Improving customer satisfaction and increasing sales volume. In 2024, the company actively expands its target market and continues to increase research and development efforts for new products and customized products, continuously strengthening product quality control to better meet customer demand, resulting in a certain increase in sales volume for the year compared to the same period last year. 2. Strengthening production and sales coordination and controlling pace reasonably. Combining market trends forecasts, the company steadily advances production and sales related work, especially considering the fluctuation of raw material prices in 2024, effectively controlling the pace of procurement and reducing raw material procurement costs. 3. Delving into internal potential and cutting costs. In recent years, the company has been continuously implementing fine management, benchmarking improvement, and other internal management special actions, strengthening cost control through benchmarking and achieving certain results, leading to a decrease in financial expenses, among others, compared to the previous year.