Shenghe Resources Holding (600392.SH) issued a profit warning, expecting the net profit for the year 2024 to be between 190 million and 260 million yuan, a year-on-year decrease of 21.86% to 42.9%.

Shenghe Resources Holding (600392.SH) has released its 2024 annual performance forecast, with the company expecting a net profit attributable to the owners of the parent company of 1.9 billion to 2.6 billion yuan for 2024, a year-on-year decrease of 21.86% to 42.90%. It is also anticipated that the net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, will be 1.7 billion to 2.4 billion yuan for 2024, a year-on-year decrease of 11.02% to 36.97%.