---
title: "HUIFA FOODSTUFF: 2024 Annual Performance Forecast Correction, Expected Loss of 13 million to 18 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230458758.md"
description: "HUIFA FOODSTUFF announced a correction to its 2024 performance forecast, expecting a net loss of 13 million to 18 million yuan, a year-on-year decrease of approximately 272.97%-339.49%. Compared to the same period last year, it is expected to decrease by 20.5159 million to 25.5159 million yuan. The previous forecast was a profit of 2.6 million to 3.7 million yuan. The reason for the correction is the failure to reach an agreement with the partner, resulting in the inability to continue fulfilling the original agreement, necessitating a reduction in revenue"
datetime: "2025-03-04T09:40:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230458758.md)
  - [en](https://longbridge.com/en/news/230458758.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230458758.md)
generator: "portal-rs"
---

# HUIFA FOODSTUFF: 2024 Annual Performance Forecast Correction, Expected Loss of 13 million to 18 million yuan

HUIFA FOOD announced that after communication with the auditing agency, it has corrected its performance forecast for the fiscal year 2024. It is expected that the net profit attributable to shareholders of the listed company for the year 2024 will be between -18 million yuan and -13 million yuan, a decrease of 20.5159 million yuan to 25.5159 million yuan compared to the same period last year, representing a year-on-year decrease of approximately 272.97%-339.49%. The previous forecast for 2024 net profit was a profit of 2.6 million yuan to 3.7 million yuan. The main reason for the correction of the performance forecast is that the company signed a "Project Cooperation Agreement" with its partner, but during the project implementation process, due to the lack of consensus on the cooperation model, the partner did not allocate operating funds, resulting in the inability to continue to fulfill the original agreement. The company will offset the aforementioned income, leading to an adjustment in the performance for the fiscal year 2024

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