HONG RI DA expects a pre-loss, with an estimated annual net loss attributable to shareholders of RMB 7 million to RMB 9 million
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HONG RI DA expects a net loss attributable to the parent company of 7 million to 9 million yuan for the fiscal year 2024, with a net loss of 9.3 million to 11.5 million yuan after deducting non-recurring gains and losses. The significant increase in share-based payment expenses due to the equity incentive plan has led to a rise in the company's management and R&D expenses compared to the same period last year, affecting profit levels. In addition, the procurement costs of raw materials have risen, especially the purchase price of gold salts, which has increased significantly year-on-year
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