Jiangsu Xiehe Electronic (605258.SH) released a forecasted increase, with an estimated net profit of 66 million to 76 million Yuan in 2024, a year-on-year increase of 76.84% to 103.64%.

Jiangsu Xiehe Electronic (605258.SH) announced that the company is expected to achieve a net profit attributable to shareholders of the listed company of 66 to 76 million yuan in 2024, an increase of 28.6784 to 38.6784 million yuan compared to the same period last year, a year-on-year increase of 76.84% to 103.64%. In 2024, the company will focus on its main business, concentrating on the research and development, production, sales, and SMT business of printed circuit boards in the automotive electronics and high-frequency communication fields. The main business income and profit are expected to increase.