Crown Material: Expected net loss of 60 million to 80 million yuan in 2024

Crown Material announced that it expects to achieve an annual operating revenue of 850 million to 870 million yuan in 2024, a decrease of 526 million to 546 million yuan compared to the same period last year, representing a year-on-year decrease of 37.69% to 39.12%. It is expected that the net profit attributable to the owners of the parent company for the year 2024 will be -80 million to -60 million yuan, a decrease of 36.1246 million to 56.1246 million yuan compared to the same period last year, representing a year-on-year decrease of 151.30% to 235.07%. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses for the year 2024 will be -85 million to -65 million yuan, a decrease of 29.1357 million to 49.1357 million yuan compared to the same period last year, representing a year-on-year decrease of 81.24% to 137.00%