Xinling Electrical (301388.SZ) issued a profit warning, with an estimated annual net profit of 13.5 million to 18.2 million yuan, a year-on-year decrease of 57.49% to 68.47%.

Xinling Electrical (301388.SZ) disclosed the performance forecast for the year 2024, and the company expects a net profit attributable to the shareholders of the listed company to be between 13.5 million to 18.2 million yuan, a year-on-year decrease of 57.49%-68.47%. The net profit after deducting non-recurring gains and losses is expected to be between 11.1 million to 16 million yuan, a year-on-year decrease of 36.54%-55.98%.