Baotailong New Materials (601011.SH) has announced a preliminary expected net loss for the year 2024 of between 450 million and 550 million yuan.

Baotailong New Materials (601011.SH) released its annual performance forecast for 2024, with the company expecting a net loss attributable to owners of the parent company of 4.5 billion to 5.5 billion yuan in 2024. It is also expected that the net loss attributable to owners of the parent company, excluding non-recurring gains and losses, will be 4.65 billion to 5.65 billion yuan in 2024.