SIWI SCI & TECH (01202) is expected to see a decrease in shareholders' net profit to around 1.15 million yuan in 2024.

25/02/2025

GMT Eight

SIWI SCI & TECH (01202) announced that the board of directors expects the company's attributable net profit to be approximately RMB 1.15 million for the year ending December 31, 2024, compared to approximately RMB 2.77 million for the year ending December 31, 2023. The decrease in attributable net profit is mainly due to the decline in the optical fiber market, with a decrease in optical fiber prices leading to a decrease in revenue and profits.

Ingenic Semiconductor (300223.SZ): Some shareholders plan to reduce their holdings by a total of no more than 2.53 million shares.

Ruiyuan Fund Management Co., Ltd. increased its holding of GUSHENGTANG (02273) by 753,400 shares at approximately HK$33.66 per share.

Contact: contact@gmteight.com

SIWI SCI & TECH (01202) is expected to see a decrease in shareholders' net profit to around 1.15 million yuan in 2024.

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