Wingtech Technology (600745.SH) released a profit warning, expecting a net loss of 3 to 4 billion yuan in 2024.

Wingtech Technology (600745.SH) issued an announcement, the company expects to achieve a net profit attributable to the owners of the parent company of -3 billion to -4 billion yuan in the fiscal year 2024, and compared to the same period last year, there will be a loss. It is expected that the net profit attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be -3.5 billion to -4.55 billion yuan in the fiscal year 2024. During the reporting period, the company continues to optimize its operations management, integrate resource allocation, improve operational efficiency and profitability, while also accelerating technological progress and iterations. The company's operating income for the fiscal year 2024 is expected to increase year-on-year, with steady growth in revenue throughout the year. In particular, the company's operating income for the fourth quarter of 2024 is expected to show year-on-year and quarter-on-quarter growth, with significant improvements.