---
title: "IVO expects a net loss of 175 million to 205 million yuan in 2024, a year-on-year reduction in loss of 26.37% to 37.14%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225350920.md"
description: "IVO expects a net loss of RMB 175 million to RMB 205 million in 2024, a year-on-year reduction in loss of 26.37% to 37.14%. Compared to the same period last year, the loss decreased by RMB 73.4165 million to RMB 103.4165 million. The net profit after deducting non-recurring gains and losses is expected to be RMB 260 million to RMB 230 million, a year-on-year reduction in loss of 13.08% to 23.11%"
datetime: "2025-01-17T12:29:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225350920.md)
  - [en](https://longbridge.com/en/news/225350920.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225350920.md)
---

# IVO expects a net loss of 175 million to 205 million yuan in 2024, a year-on-year reduction in loss of 26.37% to 37.14%

According to the announcement from IVO (688055.SH), it is expected that the net profit attributable to the owners of the parent company for the year 2024 will be between -205 million yuan and -175 million yuan. Compared to the same period last year (statutory disclosure data), the loss is expected to decrease by 73.4165 million yuan to 103.4165 million yuan, representing a year-on-year reduction in loss of 26.37% to 37.14%. It is also expected that the net profit attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be between -260 million yuan and -230 million yuan for the year 2024. Compared to the same period last year (statutory disclosure data), the loss is expected to decrease by 39.125 million yuan to 69.125 million yuan, representing a year-on-year reduction in loss of 13.08% to 23.11%

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