
CASIN expects a pre-loss, with a projected net loss of 150 million to 280 million yuan for the fiscal year 2024

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According to the Zhitong Finance APP, CASIN has released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 150 million yuan and 280 million yuan for the entire year. The main reasons are the company's low gross profit margin, as well as impairment provisions for certain projects and losses incurred from the disposal of subsidiary equity in October 2024. As of now, the relevant asset impairment testing is still ongoing, and the final amount of impairment provisions will be determined after the audit by the annual audit institution
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