Jointo Energy Investment (000600.SZ) has forecasted a net profit of approximately 520 million yuan for the year 2024, representing a year-on-year growth of 175.68%.

Jointo Energy Investment (000600.SZ) released its performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company of approximately 520 million yuan, a year-on-year increase of 175.68%. In 2024, domestic social electricity consumption is expected to grow steadily at a rapid pace, and the supply and demand situation for coal is improving. The company adheres to the operational management model of "intensive management at both ends, professional control in the middle", organizes production and operation with market orientation and benefits as the center, strengthens electric heating marketing, enhances centralized control of fuel procurement, increases electricity generation and heating supply, reduces fuel costs year-on-year, and increases profits in the thermal power sector during the reporting period. At the same time, the company will achieve cost reduction and efficiency improvement through measures such as optimizing debt structure, accelerating fund inflow, and reducing funding costs.