Eastone Century Technology (300310.SZ) has announced a forecasted pre-loss, with an estimated net loss of 27 to 35 million yuan in 2024, a change from profit to loss compared to the previous year.

Eastone Century Technology (300310.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of 27-35 million yuan, a year-on-year switch from profit to loss. The main reasons for the performance change are as follows: 1. During the reporting period, the company's business income slightly decreased compared to the same period last year, impacting the net profit. 2. During the reporting period, due to the impairment of the assets group containing goodwill of the company's subsidiary Aiyun Information Technology (Beijing) Co., Ltd., the company made a provision for impairment of goodwill of 31.2721 million yuan. 3. During the reporting period, the increase in financial expenses and decrease in other income compared to the same period last year had a significant impact on the net profit. 4. During the reporting period, after the company lost control of its controlling subsidiary Guangdong Yitongheng Rui Technology Co., Ltd., the investment income re-measured at fair value for the remaining equity had an impact on net profit of approximately 40 million yuan.