Topwing Technology Projects Losses of RMB 175-225 Million in 2024 Due to Insufficient Orders
2025-01-21 / Read about 0 minute
Author:小编   

On January 20, Topwing Technology unveiled its annual performance forecast for 2024, highlighting challenges including a scarcity of orders, elevated fixed costs, and a lack of economies of scale, which have collectively contributed to operational losses. The company anticipates a net loss attributable to shareholders of the listed entity to range between RMB 175 million and RMB 225 million, marking a decrease in losses from the previous year by 45.19% to 57.37%. After excluding non-recurring gains and losses, the projected net loss is expected to be between RMB 170 million and RMB 220 million, indicating a reduction in losses of 52.56% to 63.34% year-on-year.