---
title: "ATC issues a profit warning, expecting a net loss of 42 million to 60 million yuan for the fiscal year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226167522.md"
description: "ATC expects a net loss of 42 million to 60 million yuan for the fiscal year 2024. Despite the revenue growth from the new energy electric vehicle charging business, the company has not yet turned a profit due to high fixed costs. The company will accelerate market optimization, deepen internal controls, streamline processes, and implement cost reduction and efficiency enhancement measures, resulting in a decrease in operating expenses compared to the same period last year"
datetime: "2025-01-24T13:27:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226167522.md)
  - [en](https://longbridge.com/en/news/226167522.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226167522.md)
generator: "portal-rs"
---

# ATC issues a profit warning, expecting a net loss of 42 million to 60 million yuan for the fiscal year 2024

According to the Zhitong Finance APP, ATC (002227.SZ) released its performance forecast for the year 2024, expecting a net loss attributable to shareholders of the listed company between 42 million yuan and 60 million yuan for the entire year. The reasons for the performance changes during the reporting period are as follows: revenue from the new energy electric vehicle charging business increased compared to the same period last year, but due to the high proportion of fixed costs, it has not yet turned profitable, while accelerating market optimization measures; deepening internal control and optimizing processes, fully implementing cost reduction and efficiency enhancement measures, and operating expenses decreased 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.**