Wenzhou Hongfeng Electrical Alloy (300283.SZ) announced a forecasted loss, predicting a net loss of 48 million to 75 million yuan for the fiscal year of 2024, turning from profit to loss.

Wenzhou Hongfeng Electrical Alloy (300283.SZ) released its performance forecast for the year 2024. The company expects a net loss attributable to shareholders of the listed company of 48 million to 75 million yuan in 2024, with a shift from profit to loss; after deducting non-recurring gains and losses, the net loss is expected to be 60 million to 87 million yuan.