Nanjing Xinlian Electronics (002546.SZ) forecasts a net profit for the year 2024 ranging from 255 million to 307 million, an increase of 311.91% to 395.90% compared to the previous year.

Nanjing Xinlian Electronics (002546.SZ) has released its annual performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company of 255 million to 307 million yuan, an increase of 311.91% to 395.90% year-on-year. Reasons for the performance change: The company's net profit attributable to shareholders of the listed company for the year 2024 is expected to significantly increase compared to the same period of the previous year. The main reasons are as follows: 1. Non-recurring profits in this period have increased significantly compared to the same period of the previous year, with an estimated impact on net profit of 127 to 141 million yuan in 2024, a significant increase from the same period of the previous year (-30.85 million yuan), mainly due to the increase in investment income from the company's financial products and the increase in fair value changes of held trading financial assets, which are non-recurring losses or gains.