CourtzHome (01575) announced that it is expected to achieve a net loss of approximately RMB 92.3 million for the six months ending June 30, 2024, compared to a net loss of approximately RMB 14.6 million for the six months ending June 30, 2023.
CourtzHome (01575) announced that it is expected to achieve a net loss of approximately RMB 92.3 million for the six months ending June 30, 2024, compared to a net loss of approximately RMB 14.6 million for the six months ending June 30, 2023.
The increase in losses is mainly due to a one-time provision of approximately RMB 60.6 million for the receivables of affiliated companies. For the six months ending June 30, 2024, operating expenses for exported goods have increased, mainly due to geopolitical factors.
