Guangdong Ganhua Science & Industry (000576.SZ) releases its profit forecast, expecting a net profit of 17-25 million yuan for the year 2024, turning losses into profits compared to the previous year.

Guangdong Ganhua Science & Industry (000576.SZ) has released the 2024 performance forecast, expecting a net profit attributable to shareholders of the listed company of 17 to 25 million yuan for the whole year, reversing the loss from the previous year and turning it into a profit. The net profit attributable to shareholders of the listed company for the reporting period has significantly increased compared to the previous year, mainly due to the company making a goodwill impairment provision of 256 million yuan in the previous year, which did not have an impact in this reporting period.