NEPTUNUS expects a pre-loss, with a projected net loss of 950 million to 1.2 billion yuan for the fiscal year 2024
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NEPTUNUS expects a net loss of RMB 950 million to RMB 1.2 billion for the fiscal year 2024, mainly affected by the national healthcare system reform, centralized procurement policies, and price reductions from medical insurance negotiations. The company is facing operational management pressure, with major hospital clients experiencing tight funds, leading to an extended accounts receivable collection period, which affects the efficiency of working capital turnover, thereby reducing operating scale and profits
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