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IRICO Group New Energy Expects Up to 73% Wider Net Attributable Loss for 2024
IRICO NEWENERGY (00438.HK) profit warning: annual net loss is expected to be approximately 0.35 billion yuan to -0.4 billion yuan.
On January 23, Gelonghui reported that IRICO NEWENERGY (00438.HK) announced an expected revenue for the year ending December 31, 2024, of approximately 3.27 billion to 3.3 billion yuan, an increase of about 3.97% to 4.93% compared to the revenue of approximately 3.145 billion yuan for the corresponding period. The net loss attributable to shareholders of the parent company for the year ending December 31, 2024, is expected to be about 0.35 billion to 0.4 billion yuan, an increase of approximately 51.52% to 73% compared to the net loss of approximately 0.231 billion yuan for the corresponding period.
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