CoreLink Integration: Forecasts Net Loss of 969 Million Yuan for 2024
2025-01-15

On January 15, CoreLink Integration released a statement forecasting its total operating revenue for the entire year of 2024 to reach approximately RMB 6.509 billion, signifying a 22.26% year-over-year growth and an increment of roughly RMB 1.185 billion from the previous year. Specifically, the primary operating revenue is anticipated to be approximately RMB 6.276 billion, representing a 27.79% year-over-year increase. Regarding net profit, it is estimated that the net profit attributable to the parent company's shareholders in 2024 will be approximately RMB -969 million, indicating a 50.51% year-over-year reduction in loss or a decrease in loss of approximately RMB 989 million. After adjusting for non-recurring profits and losses, the net profit is expected to be approximately RMB -1.387 billion, reflecting a 38.68% year-over-year reduction in loss or a decrease in loss of roughly RMB 875 million. Furthermore, the company anticipates its EBITDA for 2024 to reach approximately RMB 2.119 billion, marking a 129.08% year-over-year growth and an increase of approximately RMB 1.194 billion compared to the previous year.