Anhui Huamao Textile (000850.SZ) forecasts a net profit of 250 million to 330 million yuan in 2024, an increase of 80.63% to 138.43%

Anhui Huamao Textile (000850.SZ) released its performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company of 250 million to 330 million yuan, representing a year-on-year increase of 80.63% to 138.43%. The significant increase in performance compared to the year 2023 is mainly due to the fair value changes of trading financial assets (Guotai Junan, GF SEC, etc.) held by the company and the investment income obtained during the reporting period. The fair value changes of trading financial assets and investment income obtained in this reporting period totaled approximately 250 million yuan, which is considered as non-recurring gains.