Tibet GaoZheng Explosive (002827.SZ) announces a forecasted increase, with a net profit in 2024 expected to be between 131 million and 171 million yuan, representing a growth of 34.00% - 74.91%.

Tibet GaoZheng Explosive (002827.SZ) has released its performance forecast for 2024, expecting a net profit of 131 million to 171 million yuan attributable to shareholders of the listed company, a year-on-year increase of 34.00% to 74.91%. Reasons for the performance change: Mainly due to an increase in demand for downstream mine engineering and large project infrastructure construction business, an increase in sales of civil explosive equipment, resulting in a corresponding increase in operating income and a year-on-year increase in net profit.