Guandian Defense Technology (688287.SH) predicts a pre-loss and expects a net loss of 98 million to 125 million yuan in 2024.

Guandian Defense Technology (688287.SH) announced that it is expected to incur a loss in the net profit attributable to the owners of the parent company for the year 2024 compared to the same period last year (as per statutory disclosure data), with a net loss of 98 million to 125 million yuan. The net profit attributable to the owners of the parent company in the same period last year was 21.1531 million yuan. The main reasons for the significant decrease in the company's operating performance for the year 2024 compared to the same period last year include: firstly, the reduction in customer spending due to the impact of the macroeconomic downturn; secondly, intensified competition in the industry resulting in business contraction and fewer orders; and thirdly, the company is undergoing continuous compliance reforms internally, which has slowed down the pace of business development.