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Here's Why Shanghai Industrial DevelopmentLtd (SHSE:600748) Is Weighed Down By Its Debt Load
Shanghai Real Development 2024 Annual Results Forecast
Shanghai Industrial Development (600748.SH): Expected loss of 0.28 billion yuan to 0.42 billion yuan for the year 2024.
On January 17, Ge Longhui reported that Shanghai Industrial Development (600748.SH) announced its annual performance forecast for 2024, expecting a net income attributable to the parent company owners of approximately -0.42 billion yuan to -0.28 billion yuan, and a net income attributable to the parent company owners after deducting non-recurring gains and losses of approximately -0.48 billion yuan to -0.32 billion yuan. In 2024, the company will continue to strengthen internal control management and actively respond to challenges in the industry. The company deeply reflected after receiving administrative penalties due to previous risk issues, implemented rectifications, further strengthened corporate governance, and actively responded to a series of related lawsuits regarding false statements in securities.
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