TJT issued a profit warning, expecting a net loss of RMB 5.9556 million to RMB 11.8223 million in the first half of the year
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TJT expects a net loss of RMB 5.9556 million to RMB 11.8223 million in the first half of 2025, turning from profit to loss year-on-year. The reasons for the loss include a longer customer payment process, extended aging of some accounts receivable, and credit impairment losses recognized on existing accounts receivable based on accounting policies. In addition, orders were affected by procurement plans, resulting in delays in the delivery of some projects, leading to revenue recognition falling short of expectations
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