---
title: "Xi'an Tourism issued a pre-loss announcement, expecting a net loss of 169 million to 229 million yuan for the fiscal year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225560374.md"
description: "Xi'an Tourism expects a net loss of RMB 169 million to RMB 229 million for the year 2024, an increase in losses compared to the same period last year. The main reasons include that the revenue from the newly expanded hotel business did not meet expectations and high fixed costs, while the company made provisions for inventory impairment and credit impairment in accordance with the principle of prudence"
datetime: "2025-01-20T13:21:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225560374.md)
  - [en](https://longbridge.com/en/news/225560374.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225560374.md)
generator: "portal-rs"
---

# Xi'an Tourism issued a pre-loss announcement, expecting a net loss of 169 million to 229 million yuan for the fiscal year 2024

According to the Zhitong Finance APP, Xi'an Tourism (000610.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 169 million yuan and 229 million yuan for the entire year.

It is anticipated that the net profit attributable to shareholders of the listed company during this reporting period will decrease compared to the same period last year, mainly due to the following reasons: First, in 2024, affected by the economic counter-cyclical impact, the company's newly expanded hotel business segment did not meet revenue expectations, and the fixed costs are relatively high; second, during this period, the company plans to make provisions for inventory impairment and credit impairment in accordance with the principle of prudence, which will comprehensively affect the net profit for this period compared to the same period last year

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