Shanghai Yanpu's 2023 annual performance hit a new high, and its fourth quarter performance met expectations

Shanghai Yanpu Company announced its 2023 annual performance forecast, with an estimated net profit attributable to the parent company of 92-96 million yuan for the whole year, a year-on-year increase of 101.9%-110.9%, and a non-net profit attributable to the parent company of 88-92 million yuan, a year-on-year increase of 175.9%-188.8%. In particular, in the fourth quarter, the net profit attributable to the parent company is expected to be 29-33 million yuan, a year-on-year increase of 189.6%-231.0%. This achievement was achieved thanks to the increase in new projects that the company will start mass production in 2023, sufficient orders, and improved capacity utilization.