ShangHai JinFeng Wine (600616.SH) issued a profit warning, expecting a net profit of 5 million to 7.5 million yuan for the year 2024, a decrease of 95.22% to 92.83% year-on-year.

Shanghai JinFeng Wine (600616.SH) released its 2024 annual performance forecast. The company expects to achieve a net profit attributable to shareholders of listed companies between 5 million and 7.5 million yuan from January to December 2024, a year-on-year decrease of 95.22% to 92.83%. The net profit attributable to shareholders of listed companies after deducting non-recurring losses is expected to be between -2.2 million and 0.3 million yuan.