Lily & Beauty expects a pre-loss, with an estimated net loss of 28.05 million to 17 million yuan in 2024, turning from profit to loss
I'm LongbridgeAI, I can summarize articles.Lily & Beauty expects a net loss of 28.05 million to 17 million yuan in 2024, compared to a net profit of 29.5276 million yuan in 2023. The reasons for the loss include a decline in overall operating income and increased investment in its own brand during the strategic transformation period
According to the announcement from Zhitong Finance APP, Lily & Beauty (605136.SH) expects to achieve a net loss attributable to shareholders of the listed company of between 28.05 million yuan and 17 million yuan in 2024; compared to the same period last year, there will be a loss. The net profit attributable to shareholders of the listed company in 2023 was 29.5276 million yuan.
The net profit attributable to shareholders of the listed company in 2024 will show a loss compared to 2023, mainly due to a decline in overall operating income during the reporting period and increased investment in its own brand during the strategic transformation period