Hygon Information Technology (SHA:688041) forecasts its attributable profit to increase 43% to 59% to between 1.81 billion yuan to 2.01 billion yuan in 2024 from 1.26 billion yuan a year earlier, according to a Tuesday filing with the Shanghai Stock Exchange.

Annual operating income is seen to rise 45% to 59% to between 8.72 billion yuan and 9.53 billion yuan during the year from 6.01 billion yuan in the year-ago period, the filing said.

Research and development investment is seen to rise 15% to 30% to between 3.23 billion yuan and 3.66 billion yuan, the filing said.