Atlantic China Welding Consumables, Inc. (600558.SH) forecasted a pre-increase, expecting a net profit of 153 million to 173 million yuan, a year-on-year increase of 51% to 71%.

Atlantic China Welding Consumables, Inc. (600558.SH) has released its annual performance forecast for 2024, with the company expecting a net profit attributable to shareholders of listed companies of 1.53 billion to 1.73 billion, an increase of 51% to 71% year-on-year. It is also expected that the company will achieve a net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 1.36 billion to 1.54 billion, an increase of 54% to 74% year-on-year.