Truking Technology (300358.SZ) issues a forecasted net loss of 380 to 480 million yuan for the year 2024, a significant increase in losses compared to the previous year.

Truking Technology (300358.SZ) has released its performance forecast for the year 2024, expecting a net loss attributable to shareholders of the listed company of 380 million to 480 million yuan for the whole year, a significant increase in losses compared to the previous year. The main reasons for the net loss in 2024 are: 1) In order to ensure market size, stabilize existing sales and expand new sales, the company made appropriate adjustments to the selling prices of some products, resulting in a decrease in the overall gross profit margin; 2) According to enterprise accounting standards, a write-down test was conducted on the net realizable value of inventory, and corresponding provision for inventory write-down was made; 3) According to enterprise accounting standards, impairment tests were conducted on the goodwill of subsidiaries Romaco Group and Chutian Huatong, and corresponding impairment of goodwill was made.