Haers forecasts 11-38% profit jump in 2024

Zhejiang Haers Vacuum Containers (SZSE:002615) projects a significant rise in net profit for 2024, ranging from 278 million to 346 million yuan, a year-on-year increase between 11.30% and 38.52%. Profit excluding non-recurring gains is also expected to grow substantially, estimated between 273.6 million and 341.6 million yuan, representing a 26.82% to 58.34% surge compared to 2023. Earnings per share are forecast to reach between 0.60 and 0.75 yuan. The company attributes the projected growth to a focus on its core cup and pot business, expanding international market share, optimizing customer structure, and cost reduction measures. These figures are preliminary estimates by the company's financial department and have not yet been audited.