Chengdu Road and Bridge expects a pre-loss, with an estimated net loss of RMB 68.59 million to RMB 99.41 million for the year 2024
I'm LongbridgeAI, I can summarize articles.Chengdu Road and Bridge expects a net loss of RMB 68.559 million to RMB 99.4106 million for the year 2024, mainly due to a decrease in investment income of RMB 68.7418 million compared to the previous year. The investment income recognized in 2023 was RMB 78.6443 million, but due to a reduction in the planned total investment amount, the investment income recognized in 2024 is only RMB 2.4268 million, resulting in a significant decline in net profit
According to the Zhitong Finance APP, Chengdu Road and Bridge (002628.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 68.59 million yuan and 99.41 million yuan for the entire year.
The expected decrease in investment income confirmed during the reporting period by 68.7418 million yuan compared to the same period last year is the main reason for the significant decrease in net profit attributable to shareholders of the listed company compared to the same period last year. In 2023, the company confirmed project investment income of 78.6443 million yuan based on the confirmation letter of 14 surplus indicators for the increase and decrease linkage projects issued by the Sichuan Provincial Department of Natural Resources. Subsequently, during this reporting period, due to a reduction in the planned total investment amount, an additional confirmation of project investment income of 2.4268 million yuan was made. The verification and confirmation of the corresponding investment income for the surplus indicators of the above projects in 2023 is the main reason for the significant decrease in investment income in 2024 compared to 2023
