ShanDong Swan Cotton Industrial Machinery Stock (603029.SH) has announced a forecasted increase, with an expected net profit of 67-75 million yuan in 2024, representing a year-on-year increase of 2.45% to 14.69%.

ShanDong Swan Cotton Industrial Machinery Stock (603029.SH) announced that the company is expected to achieve a net profit attributable to shareholders of the listed company of 67 million to 75 million yuan in 2024. This represents an increase of 1.6037 million to 9.6037 million yuan compared to the same period last year, a year-on-year increase of 2.45% to 14.69%. The company is actively responding to the severe market competition, tapping into the potential of the domestic market, expanding its overseas market layout, further optimizing its product structure, and accelerating innovation and upgrading in the three sectors of cotton processing machinery, harvesting machinery, and other agricultural machinery. The company's main business is steadily growing.