China Television Media, Ltd. (600088.SH) expects a pre-decrease, with an estimated net profit for the year 2024 of 39 to 49 million yuan, a decrease of 79% to 84% year-on-year.

China Television Media, Ltd. (600088.SH) announced its annual performance forecast for 2024. The company expects to achieve a net profit attributable to the owners of the parent company of 39 million to 49 million yuan, a year-on-year decrease of 79% to 84%. It is expected to achieve a net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, of 18 million to 26 million yuan, a year-on-year decrease of 4% to 34%.