--- title: "TAILAM TECHCON expects its consolidated loss last year to narrow to 10.6 million RMB" type: "News" locale: "en" url: "https://longbridge.com/en/news/232069804.md" description: "TAILAM TECHCON Holdings (6193) expects its annual consolidated loss for the year ending December 31, 2024, to narrow to approximately RMB 10.6 million, an improvement from RMB 17.6 million in 2023. The reduction in losses is attributed to stricter credit risk assessments and improved collection processes, which have lowered impairment losses on financial assets, as well as reduced selling, marketing, and administrative expenses through effective cost control measures" datetime: "2025-03-17T10:26:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/232069804.md) - [en](https://longbridge.com/en/news/232069804.md) - [zh-HK](https://longbridge.com/zh-HK/news/232069804.md) --- # TAILAM TECHCON expects its consolidated loss last year to narrow to 10.6 million RMB TAILAM TECHCON Holdings **(6193)** announced that it expects the group to record a consolidated loss of approximately RMB 10.6 million for the year ending December 31, 2024, compared to a consolidated loss of approximately RMB 17.6 million for the same period in 2023; revenue for 2024 is expected to decrease compared to 2023. The announcement pointed out that the reduction in consolidated loss is mainly due to two reasons. First, the group has implemented stricter credit risk assessments and improved collection processes, significantly reducing the impairment loss provisions for financial assets. Second, the group has reduced sales and marketing expenses as well as administrative expenses through more effective cost control measures ### Related Stocks - [06193.HK](https://longbridge.com/en/quote/06193.HK.md) ## Related News & Research - [Tailam Tech Wins Unanimous Shareholder Backing at 2026 AGM](https://longbridge.com/en/news/288814125.md) - [Jim Cramer Says This Quantum Stock 'Makes No Money,' Prefers IBM — And Tells A Crypto Stock's Investors: 'If You Want To Own Bitcoin, Own Bitcoin'](https://longbridge.com/en/news/289190093.md) - [BASF to focus on creating value as No. 1 rank slips](https://longbridge.com/en/news/289169138.md) - [PetroChina Reshapes Board Committees to Strengthen Governance Oversight](https://longbridge.com/en/news/289239204.md) - [Analysts shift ratings on Nvidia, Microsoft, UnitedHealth, Lululemon](https://longbridge.com/en/news/288918215.md)