---
title: "Kengic announced a preliminary loss, expecting a net loss of 53 million to 66 million yuan for the fiscal year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225350773.md"
description: "Kengic expects a net loss of 53 million to 66 million yuan for the fiscal year 2024, narrowing the loss by 15% to 32% compared to the same period last year. The company will focus on market demand, concentrating on smart logistics, smart factories, and new energy businesses, with an expected revenue growth of 18% to 26% year-on-year. At the same time, it will increase R&D investment to enhance product competitiveness and reduce procurement costs through effective cost control measures, resulting in an increase in gross profit margin year-on-year"
datetime: "2025-01-17T12:28:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225350773.md)
  - [en](https://longbridge.com/en/news/225350773.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225350773.md)
generator: "portal-rs"
---

# Kengic announced a preliminary loss, expecting a net loss of 53 million to 66 million yuan for the fiscal year 2024

According to the Zhitong Finance APP, Kengic (688455.SH) released its annual performance forecast for 2024, expecting a net loss attributable to the parent company's owners of between 53 million and 66 million yuan. Compared to the same period last year, the loss narrowed by 11.9291 million yuan to 24.9291 million yuan, a reduction of 15% to 32%.

In 2024, the company will closely align with market demand, adhering to the collaborative development strategy of smart logistics, smart factories, and new energy businesses, focusing on key industries and important customers. With precise market positioning and high-quality services, the company's operating revenue is expected to increase by 18% to 26% year-on-year. At the same time, the company will continue to increase its investment in research and development, enhancing the competitiveness of its products. Additionally, by actively building a strategic supplier group for core categories and implementing a series of continuously effective cost control measures, the company has successfully reduced procurement costs, resulting in an increase in gross profit margin year-on-year

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**