In 2024, Road Biology reported a net loss of 56.9319 million yuan, turning from profit to loss

Road Biology released its 2024 annual performance preliminary report, with total operating revenue of 282 million yuan, a year-on-year decrease of 19.65%; the net loss attributable to the parent company's owners was 56.9319 million yuan, turning from profit to loss. The company adjusted its business structure, with steady growth in sales and revenue from the liquor lees biological fermentation feed business, but due to the decline in feed raw material prices and industry adjustments, the gross profit margin decreased, affecting overall profits. In addition, the increase in credit impairment losses and asset impairment losses led to a decline in performance