Jufei Optoelectronics: Net profit expected to increase 35%-65% YoY in 2024

Jinshi Data News on January 22, Ju Fei Optoelectronics released its performance forecast, and it is expected that the net profit attributable to the parent company in 2024 will be between CNY 311 million and CNY 380 million, a year-on-year rise of 35% to 65%. During the reporting period, the company continued to increase its R&D investment, some products led the industry development, established the comprehensive competitive advantage of leading enterprises, and steadily increased its global market share, achieving stable business performance throughout the year. It is expected that the non-recurring gains and losses that will have a positive impact on the company’s net profit during the reporting period will be about CNY 90 million, mainly due to various government subsidies, fair value changes in trading financial assets, and investment income.