Wuxi Zhenhua Auto Parts (605319.SH) forecasts a pre-tax profit increase, with an estimated annual net profit of 380 million yuan to 416 million yuan, a year-on-year growth of 37.07% to 50.05%.

Wuxi Zhenhua Auto Parts (605319.SH) disclosed the performance forecast for the year 2024. The company expects to achieve a net profit attributable to the shareholders of the listed company of 3.8 billion to 4.16 billion yuan in 2024, an increase of 37.07% to 50.05% compared to the same period last year; the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses is expected to be 3.75 billion to 4 billion yuan, an increase of 41.00% to 50.40% compared to the same period last year.