Global top e-commerce (002640.SZ) released its 2024 interim performance forecast on July 10th. The net income attributable to shareholders of listed companies is expected to be a loss of 10-15 million yuan, compared with a profit of 6.1869 million yuan in the same period last year. The net income after deducting non-recurring gains and losses is expected to be a loss of 18-24 million yuan, compared to a profit of 2.0403 million yuan in the same period last year. The basic earnings per share are expected to be a loss of 0.0064 yuan/share -0.0096 yuan/share.
In the first half of 2024, the company's losses were due to the adjustment of the business model of its wholly-owned subsidiary, Shanghai Youyi E-commerce Co., Ltd. (hereinafter referred to as "Shanghai Youyi"). The B2C business of Shanghai Youyi has been changed from distribution model to operation model. In addition, the increase in litigation expenses incurred by the company.
