INNOCARE (688428.SH) is expected to increase its revenue by about 37% in 2024, with a net loss of approximately 443 million yuan.

INNOCARE (688428.SH) announced that the company expects the revenue of Obutini to reach approximately 1.001 billion yuan in 2024, an increase of around 49% compared to the same period last year. The total operating revenue is expected to be around 1.01 billion yuan, a growth of about 37% compared to the same period last year. The net profit attributable to the owners of the parent company is expected to be around -443 million yuan, a decrease of approximately 30% compared to the same period last year. The net profit attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be around -444 million yuan, a decrease of about 29% compared to the same period last year.