Ribo Fashion Group (603196.SH) announced a forecasted net loss of 140-160 million yuan in 2024.

Ribo Fashion Group (603196.SH) announced that, according to preliminary calculations by the finance department, it is expected to incur a net loss of 140 million to 160 million yuan attributable to the shareholders of the listed company in 2024, compared to the same period last year. After deducting non-recurring gains and losses, the net profit attributable to the shareholders of the listed company is expected to incur a loss of 150 million to 170 million yuan.