Letong Co., Ltd. (002319.SZ) issued an advance loss. The net loss for the first three quarters is expected to be 15 million yuan to 30 million yuan, changing from profit to loss

Zhitongcaijing · 10/14 11:57

Zhitong Finance App News, Letong Co., Ltd. (002319.SZ) announced that the company expects net profit attributable to shareholders of listed companies for the first three quarters of 2024 to be a loss of 15 million yuan to 30 million yuan, with a profit of 2.169 million yuan for the same period last year.

The main reasons for the company's operating losses in the first three quarters of 2024 are as follows: 1) The gross margin of the company's ink business declined due to multiple factors such as increased competition in the ink industry, product price adjustments, and price fluctuations of some raw materials; 2) the increase in sales revenue in the first three quarters of 2024 led to an increase in pro-rated bad debt reserves.