OKE Precision Cutting Tools (688308.SH) issued a profit warning, expecting a net profit of 58 to 65 million yuan in 2024, a year-on-year decrease of 65.06% to 60.84%.

OKE Precision Cutting Tools (688308.SH) released its annual performance forecast for 2024. The company expects a net profit attributable to the owners of the parent company of 58 million to 65 million yuan in 2024, a year-on-year decrease of 65.06% to 60.84%. It is expected that the net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, will be 22 million to 26.5 million yuan in 2024, a year-on-year decrease of 83.02% to 79.54%.