Trendzone issued a profit warning, expecting a net loss of approximately 95 million to 70 million yuan for the fiscal year 2024
I'm LongbridgeAI, I can summarize articles.Trendzone expects a net loss of approximately 95 million to 70 million yuan for the year 2024, with a net loss of about 116 million to 91 million yuan after deducting non-recurring gains and losses. The company's revenue did not meet expectations, and financial costs increased. Although innovative businesses and overseas expansion have begun, their contribution in the short term is limited. Compared to the same period last year, the impact of non-operating gains and losses is relatively small
According to the Zhitong Finance APP, Trendzone (603030.SH) has released its 2024 annual performance forecast. The company expects a net loss attributable to the owners of the parent company for 2024 to be approximately between 95 million yuan and 70 million yuan; it is estimated that the net loss attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be approximately between 116 million yuan and 91 million yuan.
The company has been affected in terms of business undertaking and credit repair, resulting in revenue not meeting expectations and increased financial costs. Although innovative businesses and new overseas expansions have been fully launched, the benefits are yet to materialize, contributing little during the reporting period. In the same period last year, due to the company's judicial reorganization, non-operating gains and losses were high, significantly impacting profit indicators. In this period, the company's reorganization has been completed, gradually returning to normal, with lower non-operating gains and losses, resulting in a smaller impact on profit indicators