Truking issued a profit warning, expecting a net loss of 380 million to 480 million yuan for the fiscal year 2024, a significant year-on-year turnaround to a loss
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Truking expects a net loss of 380 million to 480 million yuan for the year 2024, a significant turnaround from profit to loss compared to the previous year. The reasons for the loss include: adjustments to the sales prices of certain products leading to a decline in gross margin; conducting impairment tests on inventory and making provisions for impairment; conducting goodwill impairment tests on subsidiaries and making provisions for impairment
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