Beckway (02149.HK) announces its profit growth. For the six months ended on June 30, 2024, it will record revenue of no less than 0.276 billion yuan, a growth of no less than 35% compared to the revenue of 0.204 billion yuan recorded in the same period of 2023. The company also expects to record net profit of no less than 62 million yuan, a growth of no less than 35% compared to the net profit of 45.9 million yuan recorded in the same period of 2023.

The company explains that the expected increase in revenue and net profit is mainly due to the continuous launch of new industrial products, which has boosted product sales; effective implementation of business development strategies, including providing larger and better creditworthy customers with more favorable policies, thereby increasing customers' willingness to place orders and order volume. (js/k)

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