Yoyonew Materials: Net profit expected to be 120 million yuan to 155 million yuan in 2024, a year-on-year decrease of 31.55% to 47.01%.

Jinshi data news on January 17th, Yoyan New Materials announced that it is expected to achieve a net profit attributable to the shareholders of the listed company of 120 million to 155 million yuan in 2024, a decrease of 71.46 million to 106.46 million yuan compared with the same period of the previous year, a year-on-year decrease of 31.55% to 47.01%. The main reason for the change in the company's performance is the loss of the rare earth materials division this year, which is expected to reduce the net profit attributable to the shareholders of the listed company by 102 million to 118 million yuan.