Foshan Yowant Technology (002291.SZ) forecasts a pre-loss of 750 million to 900 million for the fiscal year 2024.

Foshan Yowant Technology (002291.SZ) has announced its performance forecast for the year 2024, with an expected net loss attributable to shareholders of 750 million to 900 million yuan for the full year. During the reporting period, the company's live e-commerce business GMV is expected to increase by approximately 20% year-on-year, maintaining its position in the top tier of the market. Subsidiary Hangzhou Yowant's core live e-commerce business, commercialization and other business income, and gross profit all achieved growth.