High-speed product demand is rapidly increasing. Eoptolink Technology Inc. (300502.SZ) expects a substantial increase in net profit of 306.76% to 343.08% in 2024.

Eoptolink Technology Inc., (300502.SZ) disclosed its performance forecast for the year 2024, with the company expecting a net profit attributable to shareholders of the listed company of 28 billion to 30.5 billion yuan, a year-on-year increase of 306.76% to 343.08%; and a net profit of 27.91 billion to 30.41 billion yuan after deducting non-recurring gains and losses, a year-on-year increase of 311.87% to 348.76%. During the reporting period, the company benefited from the continuous growth of computing power investment and the rapid increase in demand for high-speed products. The company expects sales revenue and net profit to increase significantly compared to the same period last year. In addition, interest income and exchange gain in this period have a positive impact on the company's profit level.