Hunan Chendian International Development Co., Ltd (600969.SH) issued a profit warning, expecting a net loss of between 26 million and 39 million yuan in 2024.

Hunan Chendian International Development Co., Ltd (600969.SH) announced that it is expected to incur a loss in the 2024 fiscal year, with a net profit attributable to shareholders of the listed company of -26 to -39 million yuan, compared to -61.7 million yuan in the same period last year, a decrease in loss of 22.7 to 35.7 million yuan. It is expected that the net profit attributable to shareholders of the listed company in the 2024 fiscal year, excluding non-recurring gains and losses, will be -110 to -140 million yuan, compared to -159.59 million yuan in the same period last year, a decrease in loss of 19.59 to 49.59 million yuan.