1597 companies listed on the Shenzhen Stock Exchange have released their 2024 performance forecasts, with net profit growth rates exceeding 50% in industries such as telecommunications, electronics, and automotive

On January 26th, as more and more listed companies announce their performance, the “panoramic view” of Shenzhen Stock Exchange companies’ 2024 operations is becoming clearer. As of the evening of the 25th, 1597 companies in the Shenzhen Stock Exchange have disclosed their performance forecasts for 2024. Among them, 782 companies are expected to achieve a year-on-year increase in net profit in 2024, accounting for approximately 48.97%. Leading companies continue to lead, with outstanding performance in sub sectors such as communication, electronics, automotive, social services, and food and beverage. Sub sectors such as agriculture, forestry, animal husbandry, and fishery, as well as basic chemical industries, are expected to turn losses into profits. The proportion of high growth companies has increased. Among them, 528 and 325 companies are expected to have a year-on-year increase in net profit of over 50% and 100% respectively, with the proportion of companies increasing by about 9% and 5% respectively compared to the same period last year. (Shanghai Securities News)

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