Shenzhen Sunmoon Microelectronics Co., Ltd(688699.SH) forecasts a profit, estimating a net profit of 6 to 9 million yuan in 2024, reversing the previous year's losses.

Shenzhen Sunmoon Microelectronics Co., Ltd (688699.SH) announced that the company expects to achieve a net profit attributable to the owner of the parent company in the 2024 fiscal year, compared to the same period of the previous year (statutory disclosure data), to turn losses into profits. The net profit attributable to the owner of the parent company is expected to be between 6 million and 9 million yuan, an increase of 92.5625 million to 95.5625 million yuan compared to the previous year, a year-on-year increase of 106.93% to 110.40%.