---
title: "Citic Guoan issued a profit warning, expecting a net profit of 75 million to 97.5 million yuan for the fiscal year 2024, turning from loss to profit year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225804732.md"
description: "Citic Guoan expects a net profit of 75 million to 97.5 million yuan for the year 2024, turning a profit compared to the previous year. The performance change is mainly due to Beijing Honglian 95 Information Industry Co., Ltd. optimizing its business structure and improving service quality, resulting in growth in both sales revenue and net profit. In addition, the company has mitigated debt risks through debt restructuring and obtained non-recurring gains and losses"
datetime: "2025-01-22T08:50:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225804732.md)
  - [en](https://longbridge.com/en/news/225804732.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225804732.md)
---

# Citic Guoan issued a profit warning, expecting a net profit of 75 million to 97.5 million yuan for the fiscal year 2024, turning from loss to profit year-on-year

According to the Zhitong Finance APP, Citic Guoan (000839.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 75 million yuan and 97.5 million yuan, turning from a loss to a profit year-on-year.

The main reasons for the performance changes during the reporting period are: 1. Beijing Honglian 95 Information Industry Co., Ltd., which belongs to the company, seeks steady progress, further optimizes its business structure, improves service quality, and steadily increases its profitability, with both sales revenue and net profit achieving year-on-year growth. 2. To mitigate debt risks and enhance efficiency, the company has conducted debt restructuring with relevant parties, fulfilling related payment obligations and achieving significant gains from debt restructuring, which is classified as non-recurring profit and loss. 3. The net gain from fair value changes decreased compared to the same period last year, which is also classified as non-recurring profit and loss

### Related Stocks

- [000839.CN](https://longbridge.com/en/quote/000839.CN.md)

## Related News & Research

- [This Baby Name Is Tanking In Popularity. Are Politics To Blame?](https://longbridge.com/en/news/287208182.md)
- [Questor Announces First Quarter Results](https://longbridge.com/en/news/287208927.md)
- [ANALYSIS-Fears of unfettered hacking spurred by Anthropic's Mythos AI model overstated](https://longbridge.com/en/news/287042984.md)
- [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md)
- [International Energy Agency Is Wrong To Forecast Coal's Demise](https://longbridge.com/en/news/286899857.md)