Top Group released an announcement of expected performance increase, with a substantial increase in profits in 2024

Top Group released its 2024 performance forecast announcement, and it is expected to achieve a net profit attributable to the parent of 2.855 billion to 3.155 billion yuan, a year-on-year increase of 32.73% to 46.68%. At the same time, the company's net profit attributable to the parent after deducting non-recurring items is also expected to reach 2.587 billion to 2.887 billion yuan, a year-on-year increase of 28.01% to 42.85%. In the fourth quarter, the company achieved a net profit attributable to the parent of 621 million to 921 million yuan, a year-on-year increase of 12.16% to 66.32%, and a month-on-month decrease of 20.11% to 18.46%.