Guangzhou Ruoyuchen Technology (003010.SZ) has announced a forecasted increase, with a net profit for the year 2024 expected to range from 90 million to 120 million yuan, an increase of 65.77% to 121.03%.

Guangzhou Ruoyuchen Technology (003010.SZ) released its annual performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company of 0.9 billion to 1.2 billion yuan, a year-on-year increase of 65.77% to 121.03%. During the reporting period, the main reasons for the year-on-year increase in the company's operating performance are as follows: 1. The revenue of the own-brand business has grown rapidly. While maintaining a leading advantage in various segmented areas, the strategic single product, fragrant laundry detergent, has achieved explosive sales after its launch; 2. The brand management business has achieved high performance growth by deepening cooperation with multiple brands, further consolidating Guangzhou Ruoyuchen Technology's leading position in the digital service field across the entire chain and all channels; 3. In terms of internal management, in 2024, Guangzhou Ruoyuchen Technology continued to implement a refined operation strategy, starting from multiple dimensions such as supply chain management, marketing, and operational management, to explore cost optimization space. Through strict control over expenses and budgets, as well as continuous optimization of business processes, the company effectively reduced operating costs, improved resource utilization efficiency, and significantly increased overall operational benefits.