Guangdong Mingyang Electric (301291.SZ) is forecasting a net profit of 600 million to 700 million yuan for the year, a year-on-year increase of 21.18% to 41.37%.

Guangdong Mingyang Electric (301291.SZ) disclosed its annual performance forecast for the year 2024, with the company expecting a net profit attributable to shareholders of the listed company to be between 600 million and 700 million yuan, representing a year-on-year growth of 21.18% to 41.37% (after retrospective adjustments). The net profit after deducting non-recurring gains and losses is estimated to be between 590 million and 690 million yuan, representing a year-on-year growth of 21.10% to 41.63% (after retrospective adjustments).