Sunstone Development (603612.SH) announced a forecasted net profit of 240 million to 270 million yuan for the year 2024, expected to turn from a loss to a profit.

Sunstone Development (603612.SH) has released its 2024 annual performance forecast, with the company expecting a net profit attributable to the owners of the parent company of 2.4 billion to 2.7 billion yuan in 2024, compared to a loss in the same period last year. The company also expects a net profit attributable to the owners of the parent company, after deducting non-recurring gains and losses, of 1.5 billion to 1.8 billion yuan in 2024.