SolaX Power Network Technology (688717.SH) issued a profit warning, with an estimated net profit for the full year of 2024 expected to be between 185 million and 220 million yuan, a decrease of 79.34% to 82.62% compared to the previous year.

SolaX Power Network Technology (688717.SH) released its performance forecast for the year 2024. The company expects to achieve a net profit attributable to the owners of the parent company of 185 million to 220 million yuan in 2024, a year-on-year decrease of 79.34% to 82.62%; the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be 126 million to 151 million yuan, a year-on-year decrease of 85.48% to 87.89%.