Beijing Yanjing Brewery (SHE:000729) expects attributable net profit to range between 1 billion yuan and 1.1 billion yuan in 2024.
The guidance marked expected rise of between 55% and 71% from the 2023 net profit of 644.7 million yuan, according to a Wednesday filing with the Shenzhen bourse.
Basic earnings per share are expected to climb to between 0.355 yuan and 0.390 yuan from 0.229 yuan.
Shares of the brewing company rose 1% in recent trade.
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