---
title: "CHSR: Expected net profit loss of 500 million to 650 million yuan in 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225344066.md"
description: "CHSR expects a net loss of RMB 500 million to RMB 650 million in 2024, an improvement compared to a loss of RMB 828 million in the same period last year. After deducting non-recurring gains and losses, the expected loss is RMB 650 million to RMB 800 million, with a basic earnings per share loss of RMB 0.1841 to RMB 0.2393. The performance loss is mainly affected by the construction progress of rail transit projects, business cycles, and the company's reduction of inefficient businesses, while it is also expected to make an impairment provision of approximately RMB 500 million"
datetime: "2025-01-17T11:41:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225344066.md)
  - [en](https://longbridge.com/en/news/225344066.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225344066.md)
generator: "portal-rs"
---

# CHSR: Expected net profit loss of 500 million to 650 million yuan in 2024

CHSR announced that it expects a net loss attributable to shareholders of the listed company of RMB 500 million to RMB 650 million for the period from January 1, 2024, to December 31, 2024, compared to a loss of RMB 828 million in the same period last year; the net loss after deducting non-recurring gains and losses is expected to be RMB 650 million to RMB 800 million, compared to a loss of RMB 842 million in the same period last year; the basic earnings per share loss is expected to be RMB 0.1841 to RMB 0.2393, compared to a loss of RMB 0.3117 in the same period last year. The company's performance loss in 2024 is mainly affected by the construction progress of rail transit projects, the business cycle itself, and the company's proactive reduction of inefficient business scale, and it is also expected to make impairment provisions of approximately RMB 500 million

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**