Copper Foil Project Scale Constraints Result in Losses; Wenzhou Hongfeng Foresees Net Loss of 48 to 75 Million Yuan in 2024
2025-01-23 / Read about 0 minute
Author:小编   

On January 23, Wenzhou Hongfeng announced its 2024 performance forecast, projecting a net loss attributable to shareholders of listed companies to range between 48 million and 75 million yuan for the year. After deducting non-recurring gains and losses, the net loss is expected to be between 60 million and 87 million yuan. This decline in performance is primarily attributed to factors including high investment costs for copper foil and semiconductor projects.