SANGANG MINGUANG: It is expected that the net profit in 2024 will be a loss of 1.262 billion yuan, a year-on-year decrease of 89.00%

SANGANG MINGUANG announced that it expects a net loss attributable to shareholders of the listed company of RMB 1.262 billion from January 1, 2024, to December 31, 2024, a decrease of 89.00% compared to the same period last year. The net loss after deducting non-recurring gains and losses is expected to be RMB 712 million, a decrease of 270.87% compared to the same period last year. The basic earnings per share loss is expected to be RMB 0.52 per share