Zhejiang Qianjiang Motorcycle (000913.SZ) announced a forecasted increase, with a net profit of 640 million to 710 million in 2024, a growth of 37.92% to 53.01%.
21/01/2025
GMT Eight
Zhejiang Qianjiang Motorcycle (000913.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company of 640 million to 710 million yuan for the full year, a year-on-year increase of 37.92% to 53.01%.
During the reporting period, the company focused deeply on its core business, and business steadily developed. 1. Operating income is expected to increase by about 18%, with significant growth in revenue from self-owned exports and large-displacement leisure and entertainment motorcycles. The company continued to upgrade and innovate its products, optimizing the structure of motorcycle products, consolidating and enhancing the company's core competitiveness in domestic and foreign markets; 2. The decrease in income tax expenses is mainly due to the fact that the subsidiary made up for the deductible losses from previous periods; 3. The company's wholly-owned subsidiary Zhejiang Yirong Intelligent Machinery Co., Ltd. has completed the relocation of its plant, meeting the empty acceptance standards, with an increase in asset disposal income compared to the previous year.