Suzhou Yangtze New Materials (002652.SZ) issues a profit warning, with an estimated net profit for the year 2024 expected to decrease by 76.51% to 81.84% to 5.8 million to 7.5 million yuan.

Suzhou Yangtze New Materials (002652.SZ) has issued a performance forecast for the year 2024, with an estimated net profit attributable to shareholders of the listed company of 5.8 million to 7.5 million yuan, a decrease of 76.51% to 81.84% year-on-year. The main reason for the decline in net profit compared to the same period last year is the higher profit in the same period last year due to the sale of trading financial assets by the company.