Shanghai New Vision Microelectronics (688593.SH) issued a profit warning, expecting a net profit of 8 to 10 million yuan in 2024.

Shanghai New Vision Microelectronics (688593.SH) has released its annual performance forecast for 2024, with the company expecting a net profit attributable to the owners of the parent company of 8 to 10 million yuan, representing a decrease of 19.5391 to 17.5391 million yuan compared to the previous year. It is also expected to incur a net loss of 3.8 to 2.8 million yuan after deducting non-recurring profits and losses, representing a decrease of 25.0779 to 24.0779 million yuan compared to the previous year.