YE XING GROUP issued a profit warning, expecting an annual loss attributable to shareholders of no more than 22 million yuan, an increase compared to the same period last year
According to the Zhitong Finance APP, YE XING GROUP announced that it expects the group to incur a loss attributable to the owners of the company of no more than RMB 22 million for the year ending December 31, 2024, compared to a loss of approximately RMB 14 million attributable to the owners of the company for the year ending December 31, 2023. The increase in the loss attributable to the owners of the company is mainly due to the impairment losses on trade and other receivables and the increase in impairment losses on receivables from related parties
According to the announcement from YE XING GROUP (01941), the group expects to incur a loss attributable to the owners of the company of no more than RMB 22 million for the year ending December 31, 2024, compared to a loss of approximately RMB 14 million attributable to the owners of the company for the year ending December 31, 2023. The increase in the loss attributable to the owners of the company is mainly due to the impairment losses on trade and other receivables and the increase in impairment losses on receivables from related parties
