Shenzhen Baoming Technology (002992.SZ) expects to incur a net loss of 75 million to 95 million yuan in the year 2024.

Shenzhen Baoming Technology (002992.SZ) released its performance forecast for the year 2024, expecting a net loss attributable to shareholders of the listed company of 75-95 million yuan, a decrease of 23.30%-39.44% compared to the previous year. The main reason for the change in performance is mainly due to the fact that the company's main business income and product gross profit margin have improved compared to the same period last year, but the industry market competition is fierce and product sales prices continue to be depressed, unable to fully cover the company's costs and expenses, leading to continued losses for the company.