
SMTC issues a profit warning, expecting a net profit of 45 million to 62 million yuan for the fiscal year 2024, a year-on-year decrease of approximately 55.72% to 67.86%

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Shanghai SMTC released its performance forecast for 2024, expecting a net profit of 45 million to 62 million yuan, a year-on-year decrease of approximately 55.72% to 67.86%. The net profit after deducting non-recurring gains and losses is expected to be -4 million to 13 million yuan, a year-on-year decrease of approximately 69.09% to 109.51%
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