Shenzhen Xinhao Photoelectricity Technology (301051.SZ) announced a forecasted net loss of 290 million to 355 million yuan in the fiscal year 2024, switching from a profit to a loss.

Shenzhen Xinhao Photoelectricity Technology (301051.SZ) has announced its performance forecast for the year 2024. The company expects a net loss attributable to shareholders of the listed company of 2.9 billion to 3.55 billion yuan, a change from profit to loss. After deducting non-recurring gains and losses, the net loss is expected to be 3 billion to 3.67 billion yuan, also a change from profit to loss.