West Shanghai Automotive Service (605151.SH) has issued a profit warning, with an estimated net profit of 26 to 31 million yuan for the year 2024, a decrease of 68.37% to 73.47% compared to the previous year.

West Shanghai Automotive Service (605151.SH) has released the annual performance forecast for 2024. The company expects to achieve a net profit attributable to the owners of the parent company of 37 million to 45 million yuan in 2024, a year-on-year decrease of 62.74% to 69.36%. It is expected to achieve a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of 26 million to 31 million yuan in 2024, a year-on-year decrease of 68.37% to 73.47%.