Guangdong Highsun Meida New Materials (000782.SZ) issued a profit warning, expecting a net loss of 61-79 million yuan for the year 2024.

Guangdong Highsun Meida New Materials (000782.SZ) has announced its annual performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company to be between 61 million yuan and 79 million yuan. In terms of operations, after the change in controlling shareholder at the beginning of 2024, the company adjusted its organizational structure to improve operational efficiency and reduce expenses. Additionally, in response to market demand and fluctuations in raw material prices, the company adjusted its production and sales strategies, optimized product structure, accelerated inventory turnover, expanded exports, increased gross profit margin, and drove the recovery of gross profit, leading to a significant narrowing of non-recurring net loss.