Hangzhou Youngsun Intelligent Equipment (603901.SH) issued a profit warning, expecting a net profit of 10 million to 20 million yuan in 2024, a year-on-year decrease of 71.86% to 85.93%.

Hangzhou Youngsun Intelligent Equipment (603901.SH) announced that it is expected to achieve a net profit attributable to the owners of the parent company of 10 million to 20 million yuan in 2024, a decrease of 51.063 million to 61.063 million yuan compared to the same period last year (as per statutory disclosure data), representing a year-on-year decrease of 71.86% to 85.93%. It is also expected to achieve a net profit attributable to the owners of the parent company excluding non-recurring gains and losses of 0 to 10 million yuan in 2024, a decrease of 109.686 million to 119.686 million yuan compared to the same period last year, indicating a year-on-year decrease of 91.64% to 100%.