Biwin Storage Technology (SHA:688525) expects a net profit attributable to the parent of between 160 million yuan and 200 million yuan in 2024, rebounding from a loss of 624.4 million yuan in 2023, according to a Shanghai Stock Exchange filing on Friday.
Operating income will be between 6.50 billion yuan and 7 billion yuan, jumping 81% to 95% from 3.59 billion yuan in the preceding year, the Chinese flash storage manufacturer said.
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