Tecsun Science & Technology issued a profit warning, expecting a net profit of 16 million to 23 million yuan for the year 2024, a decrease of 68.54% to 78.12%
I'm LongbridgeAI, I can summarize articles.Tecsun Science & Technology released its performance forecast for 2024, expecting a net profit of 16 million to 23 million yuan, a year-on-year decrease of 68.54% to 78.12%. The company's main revenue has declined due to fluctuations in market demand, and its operating performance is under short-term pressure. At the same time, the company has invested a large amount of capital in transforming its To C operational services. Although certain results have been achieved, the initial investments have not yet fully converted into economic benefits, affecting the current period's profit
According to the Zhitong Finance APP, Tecsun Science & Technology (002908.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 16 million and 23 million yuan, a year-on-year decrease of 68.54% to 78.12%.
During the reporting period, facing the impact of fluctuations in market demand for traditional To G business, the company's main revenue declined, and operating performance was under short-term pressure; at the same time, the company is transforming to provide To C operational services and has invested a large amount of funds in research and development, marketing, and team building during the rapid technological innovation process. Although the operational service business has seen some results, the initial investments have not yet fully converted into economic benefits, significantly impacting current profits
