Beiba Media (600386.SH) announced that the company expects to become owned by the parent company in 2023...
According to Zhitong Finance App News, Beiba Media (600386.SH) announced that the company expects to achieve net profit of 16 million yuan to 19 million yuan in 2023, a year-on-year decrease of 78.04% to 81.51%.
During the reporting period, the repayment rate of some of the company's business funds decreased, and accrued credit impairment losses increased significantly compared to the same period last year, resulting in a year-on-year decline in the company's profit index. During the reporting period, the company actively expanded the market and established Beijing Beiba Automobile Sales & Service Co., Ltd. as a joint venture on December 26, 2022, and included in the scope of the merger. However, due to changes in market supply and demand and price pressure, the company's automobile service sector was relatively prosperous, resulting in a marked decline in overall profitability.
