Beijing Vastdata Technology (603138.SH) announced an expected pre-tax loss, with an estimated net loss of 55 million to 71 million yuan in 2024.

Beijing Vastdata Technology (603138.SH) announced that the company expects to achieve a net loss of 55 to 71 million yuan attributable to shareholders of the listed company in 2024. In the same period last year, the net profit attributable to shareholders of the listed company was -81.18 million yuan. During the reporting period, the company focused on independently developing database software products, supplemented by data computation, data storage, and other products, and deepened the development of integrated soft and hard business plans. The company ultimately achieved a main business income of approximately 367 million yuan, a year-on-year growth of over 40%. Among them, the "database independent products and services" business achieved an income of approximately 140 million yuan, contributing over 70% to operating gross profit. However, the income generated was not enough to cover the total expenses for the period, leading to a negative net profit for the company.