FRD(300602)2024-10-16 08:56Financial Performance - The company expects to achieve a net profit attributable to shareholders of approximately CNY 103 million to CNY 110 million for the first three quarters of 2024, representing a year-on-year increase of 109.74% to 124.00%[2] - The estimated operating revenue for the first three quarters of 2024 is approximately CNY 3.422 billion, an increase of about 17% compared to the same period last year[4] - The net profit for the third quarter of 2024 is expected to be between CNY 46 million and CNY 53 million, reflecting a year-on-year growth of 2.02% to 17.55%[4] - Non-recurring gains and losses are expected to impact net profit by approximately CNY 12 million, primarily from government subsidies received[5] - The financial data in this announcement is preliminary and has not been audited, with detailed financial results to be disclosed in the third quarter report of 2024[6] Market and Business Expansion - The company has seen an increase in market share for terminal products such as mobile phones and laptops, benefiting from a recovery in domestic consumer electronics demand[5] - The company is actively expanding its business in the new energy vehicle sector, with a continuous increase in order volume despite a decline in gross margin due to rising raw material prices[5] Foreign Exchange and Investment Losses - The company reported an estimated foreign exchange loss of approximately CNY 9 million in the third quarter, an increase compared to the same period last year[5] - The investment loss from the associate company Guangdong Bowei Communication Technology Co., Ltd. is estimated at CNY 21.6 million, a significant increase from CNY 2.41 million in the same period last year[5] Operational Efficiency - The company is focused on optimizing cost control and personnel structure to enhance overall operational performance[4]