Zhejiang Chinastars New Materials Group (301077.SZ) forecasts a net profit of 140 million to 160 million yuan for the year 2024, representing a year-on-year growth of 43.63% to 64.15%.

Zhejiang Chinastars New Materials Group (301077.SZ) released its performance forecast for 2024, with the company expecting a net profit attributable to shareholders of the listed company of 140 million to 160 million yuan, a year-on-year increase of 43.63% to 64.15%. After deducting non-recurring gains and losses, the net profit is expected to be 130 million to 150 million yuan, a year-on-year increase of 41.68% to 63.47%.