Yongmaotai Expects a 917.09%-1406.8% Increase in Net Profit for the First Half of 2024" Yongmaotai recently released its earnings forecast, predicting a net profit of 27 million to 40 million yuan for the first half of 2024, representing a year-on-year increase of 917.09%-1406.8%. The change in the company's performance is primarily driven by its primary business. In the first half of 2024, the company continued to intensify customer development efforts, constantly optimizing its customer structure, resulting in an increase in sales of its main products, aluminum alloy and component products, compared to the same period last year. Meanwhile, the company actively optimized its management mechanisms, promoted lean production, and took various measures to reduce costs and increase efficiency, leading to an increase in the gross profit of its primary business compared to the same period last year.
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