Tianyi Shangjia (688033.SH) issued a forecast loss. The net loss for the first three quarters is expected to be 580 million yuan to 600 million yuan, changing from profit to loss

According to the Zhitong Finance App, Tianyi Shangjia (688033.SH) announced that the company expects to achieve a loss of 580 million yuan to 600 million yuan in net profit attributable to shareholders of listed companies in the first three quarters of 2024, and net profit attributable to shareholders of listed companies for the same period last year of 236 million yuan.

During the reporting period, the company's rail transit business won a high bid amount, and the overall market competitiveness was strong; due to the cyclical influence of the photovoltaic industry, the demand for monocrystalline consumables products from downstream customers in the photovoltaic industry chain had not improved significantly, and the company's PV new energy sector business was affected; affected by factors such as low product prices, inventory impairment charges, depreciation and amortization expenses and increased financing costs, the company's operating income and net profit declined sharply during the reporting period compared to the same period.