Zhejiang Taihua New Material Group (603055.SH) has forecasted an increase in net profit for 2024, with an expected range of 700 million to 760 million yuan, representing a year-on-year growth of 55.86% to 69.22%.

Zhejiang Taihua New Material Group (603055.SH) announced that the company expects to achieve a net profit attributable to the owner of the parent company of 700 million to 760 million yuan in 2024. Compared with the same period last year, it will increase by 250.88 million to 310.88 million yuan, an increase of 55.86% to 69.22% year-on-year.