Huaqin Technology (688281.SH) posted an advance increase. The net profit for the first three quarters is expected to be 309 million yuan, an increase of 14.4% over the previous year

According to Zhitong Finance App News, Huaqin Technology (688281.SH) announced that the company expects to achieve net profit of 309 million yuan attributable to shareholders of listed companies in the first three quarters of 2024, an increase of 389.444 million yuan compared with the same period last year, an increase of 14.4% over the previous year.

The main reason for the increase in the company's performance in the first three quarters of 2024:1. During the reporting period, batch production tasks and orders for small-batch trial production of new products increased one after another. The current production and sales volume increased steadily compared to the same period last year, resulting in an increase in the company's revenue and profitability compared to the same period last year. 2. During the reporting period, the project construction of each holding subsidiary progressed smoothly, but since production capacity was still under construction, certain losses occurred, which had a certain impact on the company's profit in the current period.