China National Software & Service (600536.SH) issued a profit warning, expecting a net loss of 390 million to 465 million yuan in 2024.

China National Software & Service (600536.SH) has released a 2024 annual performance loss forecast, expecting a net loss attributable to shareholders of the listed company of 390 million to 465 million yuan in 2024. The main reasons for the company's expected performance loss during the reporting period are as follows: first, factors such as intensified market competition have led to a decrease in revenue and profit. Second, the company is focusing on its core business, adjusting its business structure, accelerating transformation and upgrading, resulting in increased interim losses. Third, the company has made impairment provisions for equity assets.