TOPWAY and its subsidiaries can continue to enjoy the preferential policy of exemption from corporate income tax
I'm LongbridgeAI, I can summarize articles.TOPWAY and its subsidiaries will continue to enjoy the preferential policy of exemption from corporate income tax, valid from January 1, 2024, to December 31, 2027. This policy is expected to reduce the company's income tax expenses by approximately 3.78 million yuan in the fiscal year 2024, thereby increasing the net profit for the fiscal year 2024 by approximately 3.78 million yuan
According to the Zhitong Finance APP, TOPWAY (002238.SZ) announced that the company and its subsidiaries Shenzhen Tianbao Broadcasting and Television Network Co., Ltd., Shenzhen Tianlong Broadcasting and Television Network Co., Ltd., and Shenzhen Yihe Co., Ltd. can continue to enjoy the preferential policy of exemption from corporate income tax, valid from January 1, 2024, to December 31, 2027.
The company expects that the exemption from corporate income tax will reduce its income tax expense by approximately 3.78 million yuan for the year 2024, which will correspondingly increase the company's net profit for 2024 by approximately 3.78 million yuan