--- title: "JIR issued a profit warning, with a net profit for the fiscal year 2024 expected to be between 24.8774 million and 33.1698 million yuan, a year-on-year decrease of 60%-70%" type: "News" locale: "en" url: "https://longbridge.com/en/news/226123838.md" description: "JIR released its performance forecast for 2024, expecting a net profit of between 24.8774 million yuan and 33.1698 million yuan, a year-on-year decrease of 60%-70%. The decline in performance is mainly due to factors such as delays in contract signing, postponement in determining technical status, and price reductions for certain products, leading to main business revenue and cash collection falling short of expectations, as well as an increase in credit impairment losses. The impact of non-recurring gains and losses on net profit is approximately 5.338 million yuan" datetime: "2025-01-24T09:01:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/226123838.md) - [en](https://longbridge.com/en/news/226123838.md) - [zh-HK](https://longbridge.com/zh-HK/news/226123838.md) --- # JIR issued a profit warning, with a net profit for the fiscal year 2024 expected to be between 24.8774 million and 33.1698 million yuan, a year-on-year decrease of 60%-70% According to the Zhitong Finance APP, JIR (300516.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 24.8774 million yuan and 33.1698 million yuan, a year-on-year decrease of 60%-70%. The main reasons for the performance decline during the reporting period are: 1. Due to the overall unit contract signing delays, postponement of technical status determination, and price reductions for certain model products, the main business revenue during the reporting period fell short of expectations, with a significant decline compared to the same period last year. 2. Affected by the overall unit payment collection situation and other factors, the payment collection during the reporting period was below expectations, leading to an increase in the expected credit impairment losses compared to the same period last year, along with price reductions for certain model products, which collectively resulted in a significant decline in profit compared to the same period last year. The impact of non-recurring gains and losses during the reporting period affected the company's net profit by approximately 5.338 million yuan ### Related Stocks - [300516.CN](https://longbridge.com/en/quote/300516.CN.md) ## Related News & Research - [Success of Uzbekistan's first London IPO will inspire others, fund chief says](https://longbridge.com/en/news/287033751.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [Expectations for Ample Coffee Supplies Weigh on Prices](https://longbridge.com/en/news/286807492.md) - [Assessing Daimler Truck Holding (XTRA:DTG) Valuation After Weaker Q1 2026 Results And North America Leadership Extension](https://longbridge.com/en/news/286866341.md) - [China Set To Show Its Consumption Slump Extends To Another Quarter](https://longbridge.com/en/news/286681865.md)