Chongqing Polycomp International Corporation (301526.SZ) forecasts a net loss of 280 million to 372 million yuan in 2024.

Chongqing Polycomp International Corporation (301526.SZ) announced that the company is expected to incur a net loss of 280 million to 372 million yuan attributable to shareholders of the listed company for the year 2024. During the reporting period, demand for glass fiber was lower than expected, the prices of glass fiber products remained low, the prices of the company's main products decreased year-on-year, exchange gains decreased year-on-year, and asset disposal gains decreased year-on-year, resulting in a decrease in profit compared to the same period last year.