Citic Guoan issued a profit warning, expecting a net profit of 75 million to 97.5 million yuan for the fiscal year 2024, turning from loss to profit year-on-year
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Citic Guoan expects a net profit of 75 million to 97.5 million yuan for the year 2024, turning a profit compared to the previous year. The performance change is mainly due to Beijing Honglian 95 Information Industry Co., Ltd. optimizing its business structure and improving service quality, resulting in growth in both sales revenue and net profit. In addition, the company has mitigated debt risks through debt restructuring and obtained non-recurring gains and losses
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