Suzhou Good-ark Electronics (002079.SZ) issues a profit warning, with the expected net profit for 2024 decreasing by 40.28%-60.19% to 61.03 million yuan to 91.54 million yuan.

Suzhou Good-ark Electronics (002079.SZ) has released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company of 61.0292-91.5438 million yuan, a year-on-year decrease of 40.28%-60.19%. Reasons for the performance change: In 2024, the company's revenue from solar silver paste business continued to grow steadily, with the shipment volume and market share of N-type paste products increasing simultaneously. The new project layout of overseas factories is in the investment period, and benefits have not yet been realized. During the reporting period, the company and its subsidiaries conducted a comprehensive review of various assets at the end of the reporting period. Based on prudence, the company made an impairment provision for the relevant assets showing impairment signs, reducing this period's operating profit by approximately 72 million yuan. During the reporting period, it is expected that the impact of non-recurring gains and losses on net profit will be 14-21 million yuan. Compared with the first half of 2024, non-recurring gains and losses have increased slightly, mainly due to the fair value increase of the project invested by Suzhou Guorun Ruqi Entrepreneurship Investment Enterprise (Limited Partnership) in the secondary market, resulting in an increase of 14 million yuan in non-recurring gains and losses.