Maiquer Group (002719.SZ) issued a forecast of a net loss for the year 2024, with an expected loss between 150 million to 220 million yuan.

Maiquer Group (002719.SZ) has released its 2024 annual performance forecast, expecting a net loss attributable to the company's shareholders of 150 million to 220 million yuan for the full year. During the reporting period, increased competition in the dairy industry led to a decrease in the company's dairy product revenue. In response to intense market competition, the company continued to increase product promotions for its dairy business, resulting in a further decrease in operating profit, ultimately leading to a year-on-year decline in sales revenue and gross profit margin.