Guangdong Shaoneng Group (000601.SZ) has announced a forecasted profit, with an estimated net profit for the year 2024 to be between 70 million yuan and 103 million yuan, turning around from a loss to a profit compared to the previous year.

Guangdong Shaoneng Group (000601.SZ) has released a performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company of 70 million to 103 million yuan, turning from a loss to a profit year-on-year. During the reporting period, the company's operating performance has significantly improved year-on-year, influenced by factors such as a substantial increase in rainfall and water inflow in the area where the company's hydropower plants are located, as well as improvements in the operating results of ecological paper tableware and biomass energy generation businesses. The overall operating trend is positive.