SKYWORTH GROUP (00751): Skyworth Digital (000810.SZ) expects the net profit attributable to the parent company to decrease by 65.12% - 51.83% year-on-year in 2024.

SKYWORTH GROUP (00751) announced that Skyworth Digital (000810.SZ) expects the net profit attributable to the shareholders of the listed company in 2024 to be approximately 2.1 billion to 2.9 billion yuan, a decrease of 65.12% to 51.83% compared to the same period last year. The main reason for the decrease in net profit for the 2024 fiscal year compared to the same period last year is due to the impact of the market competition environment, the significant drop in the selling price of smart terminal products, and the pressure on the small and medium-sized display module business, resulting in a year-on-year decrease in operating income and gross profit margin.