---
title: "ZHHL expects a pre-loss, with an estimated net loss of 135 million to 165 million yuan for the fiscal year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226119958.md"
description: "According to the Zhitong Finance APP, ZHHL has released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company between 135 million yuan and 165 million yuan for the entire year. The main reasons for the performance change are as follows: due to intensified market competition in the wind power industry, a decline in product prices has resulted in the capacity utilization rate not meeting expected levels, and the conversion of previously newly constructed projects into fixed assets has led to an increase in depreciation expenses for this period, causing a significant decline in the gross profit margin of products"
datetime: "2025-01-24T08:36:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226119958.md)
  - [en](https://longbridge.com/en/news/226119958.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226119958.md)
generator: "portal-rs"
---

# ZHHL expects a pre-loss, with an estimated net loss of 135 million to 165 million yuan for the fiscal year 2024

According to the Zhitong Finance APP, ZHHL (301040.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 135 million yuan and 165 million yuan for the year.

The main reasons for the performance change are as follows: due to intensified market competition in the wind power industry, a decrease in product prices led to the capacity utilization rate not meeting expectations, and the conversion of previously newly constructed projects into fixed assets resulted in an increase in depreciation expenses for this period, causing a significant decline in the gross profit margin of products for this period

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