Juncheng Technology 2023 Financial Report and 2024 First Quarter Performance Forecast

In 2023, Juncheng Technology achieved revenue of 570 million yuan, a year-on-year decrease of 9.9%; net profit attributable to the parent company was 71 million yuan, a year-on-year decrease of 21.8%. In the fourth quarter, the company achieved revenue of 156 million yuan, a month-on-month increase of 6.2% and a year-on-year decrease of 1.3%; net profit attributable to the parent company was 13 million yuan, a month-on-month decrease of 30.4% and a year-on-year decrease of 35.4%. For the first quarter of 2024, the company predicts that it will achieve a net profit attributable to the parent company of 19 million to 22 million yuan, a year-on-year increase of 64% to 90%; non-net profit of 19 million to 22 million yuan, a year-on-year increase of 85% to 114%.