Ganzhou Teng Yuan Cobalt New Material (301219.SZ) forecasts a net profit of 6.09 billion yuan to 7.92 billion yuan for the year, a year-on-year increase of 61.08% to 109.48%.

Ganzhou Teng Yuan Cobalt New Material (301219.SZ) disclosed its annual performance forecast for 2024. The company expects a net profit attributable to shareholders of the listed company of 6.09 billion to 7.92 billion yuan, an increase of 61.08% to 109.48% year-on-year; net profit after deducting non-recurring gains and losses is expected to be 5.97 billion to 7.76 billion yuan, an increase of 63.15% to 112.06% year-on-year.