Zhejiang Xiantong Rubber & Plastic (603239.SH) released its 2024 interim performance forecast. The company expects the net income attributable to the owners of the parent company for the reporting period to be between 88 and 95 million yuan, a year-on-year increase of 63.63% to 76.65%. Net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be between 86.5 and 93.5 million yuan, a year-on-year increase of 65.68% to 79.06%.
According to the 2024 interim performance forecast released by Zhejiang Xiantong Rubber & Plastic (603239.SH), the net income attributable to the owners of the parent company is expected to be between 88 and 95 million yuan, a year-on-year increase of 63.63% to 76.65%. The net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be between 86.5 and 93.5 million yuan, a year-on-year increase of 65.68% to 79.06%.
During the reporting period, as the new energy auto industry continued to grow, the number of customer orders continued to increase, which drove the company's revenue growth. The company continuously optimized product performance and quality internally, resulting in an increase in the rate of good products. In addition, as revenue increased, the expense ratio also decreased.