Poly Union issued a profit warning, expecting a net profit of 34 million to 51 million yuan for the fiscal year 2024, turning from loss to profit year-on-year
I'm LongbridgeAI, I can summarize articles.Poly Union released its performance forecast for 2024, expecting a net profit of 34 million to 51 million yuan, turning a profit compared to a loss in the same period last year due to impairment provisions. With the support of shareholders, the company actively collects receivables, effectively reducing long-term outstanding receivables and minimizing the impact of bad debt losses
According to the Zhitong Finance APP, Poly Union (002037.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 34 million yuan and 51 million yuan, turning a profit compared to the previous year.
The significant loss in net profit attributable to shareholders of the listed company in the same period last year was mainly due to the provision for impairment. During the reporting period, with the support of shareholders and various parties, the company actively collected receivables, recovering some project payments and deposits, which effectively reduced long-term outstanding receivables and mitigated the impact of bad debt losses