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MGI Tech Foresees 2024 Losses of RMB 554-670 Million
2025-01-16 /
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Author：小编
MGI Tech anticipates incurring losses in the range of RMB 554-670 million for the year 2024, primarily due to a confluence of factors encompassing the macroeconomic environment, geopolitical tensions, and heightened market competition. These circumstances have compounded the challenges faced by the company in expanding its market share, resulting in an escalation of sales expenses. Additionally, fluctuations in foreign exchange rates have further contributed to exchange losses. Notably, the company recognized asset and credit impairment losses totaling RMB 97.7545 million in 2024. For detailed financial insights, kindly refer to MGI Tech's officially disclosed and audited 2024 annual report.
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