Zhangjiajie Tourism Group (000430.SZ) is expected to incur a net loss of 550 million to 650 million in 2024.

Zhangjiajie Tourism Group (000430.SZ) announced its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of 550-650 million yuan for the whole year. The reason for the increased loss during the reporting period is the expected increase in the provision for impairment of assets in Dayong Ancient City compared to the same period of the previous year. The final amount of the provision for impairment of assets must be evaluated and audited by the assessment agency and audit firm hired by the company.