ST Three Saints: Expected net loss of RMB 460 million to RMB 660 million in 2024. The company’s stock trading may be subject to delisting risk warning

On January 20th, ST Sansheng released a supplementary announcement for its 2024 annual performance forecast, expecting a net profit attributable to shareholders of the listed company of -660 million to -460 million yuan in 2024, a net profit after deducting non recurring gains and losses of -770 million to -570 million yuan, and operating income of 1.15 billion to 1.35 billion yuan. Expected net assets at the end of the period to be negative, with owner’s equity attributable to shareholders of the listed company ranging from -390 million yuan to -260 million yuan. According to regulations, if the audited net assets attributable to the parent company for the year 2024 are negative, the company will disclose a delisting risk warning notice for its stock trading at the same time as disclosing its 2024 annual report. The company’s stock will be suspended from trading for one trading day after the announcement, and from the date of resumption of trading, the Shenzhen Stock Exchange will issue a delisting risk warning for the company’s stock trading.

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