CASIN: Expected net profit loss of 150 million to 280 million yuan in 2024

CASIN announced that it expects a net loss attributable to shareholders of the listed company in 2024 to be between 150 million and 280 million yuan, an increase of -11.95% to -40.03% compared to the net loss of 250 million yuan in the same period last year. The net loss after deducting non-recurring gains and losses is expected to be between 130 million and 260 million yuan, an increase of 13.56% to 56.78% compared to the net loss of 301 million yuan in the same period last year. The basic earnings per share loss is expected to be between 0.1363 yuan/share and 0.2726 yuan/share. The performance change is mainly due to the company's low business gross profit margin, impairment provisions for certain projects, and losses from the disposal of subsidiary equity