Shandong Yabo Technology (002323.SZ) expects to incur a net loss of 115 million to 170 million yuan in 2024.

Shandong Yabo Technology (002323.SZ) released its performance forecast for the year 2024, expecting a net loss attributable to shareholders of the listed company of 115 million to 170 million yuan for the full year. During the reporting period, the company's operating income decreased year-on-year, and net profit was in deficit due to factors such as reduced infrastructure investment in some regions, lower industry growth rates, and intensified competition.