PCI Technology Group (600728.SH) issued a forecasted pre-loss, estimating a net loss of 100 million to 130 million yuan for the fiscal year 2024, shifting from profit to loss.

Pci Technology Group (600728.SH) announced that the company expects to incur a net loss attributable to the owners of the parent company of between 100 million to 130 million yuan in the fiscal year 2024, compared to a profit in the same period last year (as per statutory disclosure data). The net profit attributable to the owners of the parent company in the fiscal year 2023 was 395 million yuan. During the reporting period, the company maintained stable business expansion and delivery of orders on hand, leading to an increase in operating income compared to the same period last year. The non-recurring net profit attributable to the owners of the parent company is expected to turn from a loss to a profit compared to the same period last year (as per statutory disclosure data). The fair value change of the strategic investment in an artificial intelligence-listed company had a negative impact on the net profit for the period in the amount of -201.73 million yuan (after tax).