Bingo Software (688227.SH) announced a forecasted net loss of 55 to 70 million yuan for the year 2024.

Bingo Software (688227.SH) has announced that the company expects to increase its net loss attributable to the parent company's owner for the year 2024 compared to the same period last year (as per statutory disclosure data), with a net loss of 55-70 million yuan. During the reporting period, the company faced tight client funds and slow project payments, leading to an increase in credit impairment losses on accounts receivable.