In 2024, Bjsasc reported a net loss of 81.0104 million yuan
I'm LongbridgeAI, I can summarize articles.Bjsasc released its 2024 annual performance preliminary report, which shows that the company achieved operating revenue of 1.164 billion yuan, a year-on-year decrease of 30.17%, and a net loss of 81.0104 million yuan. Affected by the macroeconomic situation and client budget constraints, major clients reduced their investment budgets in information technology and innovation, leading to a significant decline in operating revenue. At the same time, the company undertook multiple major national science and technology projects, maintaining high levels of R&D investment, but intensified market competition and declining sales profits failed to effectively reduce costs, resulting in a significant decline in profitability
According to the Zhitong Finance APP, Bjsasc (688562.SH) released its performance report for the fiscal year 2024, achieving an operating income of 1.164 billion yuan, a decrease of 30.17% compared to the same period last year; the net loss attributable to the parent company was 81.0104 million yuan.
The company's main clients are highly focused on the aerospace and government-military sectors, where client demand is subject to strong budget constraints. During the reporting period, affected by the macroeconomic situation and client budget constraints, the budgets for information technology and innovation from the company's main clients were reduced or related investments were postponed, and the progress of some project approvals lagged behind expectations to varying degrees, resulting in a significant decline in the company's operating income. At the same time, during the reporting period, the company undertook a number of major national scientific and technological projects, maintaining a high level of R&D investment. Additionally, due to intensified market competition in the same industry, the company's sales profits decreased, and in order to actively explore the market, the company was unable to effectively reduce costs and expenses. These factors collectively led to a significant decline in the company's profitability