ZT HN GROUP issued a profit warning, expecting an annual net loss of approximately 20 million to 30 million yuan, a year-on-year turnaround from profit to loss
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ZT HN GROUP issued a profit warning, expecting an annual net loss of approximately 20 million to 30 million yuan for the year ending December 31, 2024, compared to a net profit of approximately 46 million yuan for the same period in 2023. The board of directors pointed out that the loss is mainly due to the economic slowdown leading to a decline in revenue and an extension of customer settlement periods, resulting in impairment of financial and contract assets
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