Shanghai New Huang Pu Industrial Group (600638.SH) announced on July 8th that, according to preliminary financial estimates, it is expected to achieve a net income of 21 million yuan attributed to the owner of the parent company in the first half of 2024. Compared with the same period last year, it will decrease by 51.43 million yuan, a decrease of about 71% year-on-year. It is expected to achieve a net income of 18 million yuan attributed to the owner of the parent company after deducting non-recurring gains and losses in the first half of 2024. Compared with the same period last year, it will decrease by 54.05 million yuan, a decrease of about 75% year-on-year.
Last year, the company disposed of the equity of its holding subsidiary and obtained investment income. There were no disposal factors in the first half of 2024, resulting in a larger decrease in investment income compared with the same period last year.