Malion New Materials (300586.SZ) issued a profit warning, with an expected annual net profit of 35-52 million yuan, a year-on-year decrease of 55%-70%.

Malion New Materials (300586.SZ) disclosed its performance forecast for the year 2024. The company expects a net profit attributable to shareholders of the listed company of 35-52 million yuan, a year-on-year decrease of 55%-70%; and a net profit after deducting non-recurring gains and losses of 29-43 million yuan, a year-on-year decrease of 57%-71%.