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Risks Still Elevated At These Prices As Fujian Zitian Media Technology Co., Ltd. (SZSE:300280) Shares Dive 27%
Fujian Zitian Media Technology (300280.SZ): Expected losses in 2024 are between 0.15 billion yuan and -0.22 billion yuan.
On January 27, Gelonghui reported that Fujian Zitian Media Technology (300280.SZ) announced an expected loss of 220 million yuan to 150 million yuan for 2024, with a non-recurring loss also estimated at 220 million yuan to 150 million yuan. During the reporting period, the credit impairment loss and asset impairment loss the company plans to recognize significantly decreased compared to the same period last year, mainly due to substantial impairment losses on goodwill and accounts receivable recognized in the same period last year. The performance forecast has taken into account the impact of recognizing impairment provisions on the company's Net income, and the final amount of impairment provisions will be based on the results assessed and audited by the professional assessment and audit firms engaged by the company.
Zitian Technology: 2024 performance forecast
Zitian Technology: Report for the third quarter of 2024
Fujian Zitian Media Technology (300280.SZ): The net income for the first three quarters was 8.4661 million yuan, a year-on-year decrease of 95.88%.
Fujian Zitian Media Technology (300280.SZ) announced its third-quarter report for 2024 on October 29. The company achieved revenue of 1.18 billion yuan in the first three quarters, a year-on-year decrease of 48.45%; the net income attributable to shareholders of the listed company was 8.4661 million yuan, a year-on-year decrease of 95.88%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 8.9393 million yuan, a year-on-year decrease of 95.82%; and the basic earnings per share was 0.0522 yuan.
Express News | Fujian Zitian Says Co, Three Senior Executives Probed by Securities Regulator for Suspected Violation of Information Disclosure Rules