Shanghai ACE Investment & Development (603329.SH) forecasts a net profit of 33-49.5 million yuan for the year 2024, representing a year-on-year increase of 237.49% to 406.24%.

Shanghai ACE Investment & Development (603329.SH) has released its performance forecast for the year 2024. The company expects to achieve a net profit attributable to the owners of the parent company of 33 million to 49.5 million yuan, an increase of 237.49% to 406.24% compared to the previous year. It is also expected to achieve a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of 23.5 million to 35.25 million yuan, an increase of 356.40% to 584.60% compared to the previous year.