Yorhe Fluid Intelligent Control (002795.SZ) forecasts a net loss of 210 million to 300 million yuan for the year 2024.

Yorhe Fluid Intelligent Control (002795.SZ) announced its performance forecast for the year 2024, expecting a net loss attributable to shareholders of the listed company to be between 210 million and 300 million yuan for the full year. During the reporting period, the revenue and gross profit of the valve and pipe fittings business decreased, mainly due to product price reductions and rising raw material prices. The revenue of other sectors also decreased compared to the same period last year, but the company still had to bear high depreciation and labor costs, resulting in a significant loss.