OCT A expects a loss of 5.1 billion to 7.2 billion in 2023, and the stock price will fall by 3 59

Mondo Finance Updated on 2024-02-01

China Economic Net, Beijing, January 31 - Overseas Chinese Town (000069SZ) shares closed at 295 yuan, down 359%, with a total market capitalization of 2419.5 billion yuan.

OCT disclosed its 2023 annual performance forecast yesterday evening, and the company expects a net profit loss attributable to shareholders of listed companies of 510,000 yuan to 720,000 yuan in 2023, compared with a loss of 1,090,540 yuan in the same period last year530,000 yuan, an increase of 53 over the same period last year23% to 3398%;It is expected that the net profit loss after deducting non-recurring gains and losses will be 511,000 yuan to 721,000 yuan, compared with a loss of 1,164,442 yuan in the same period last year190,000 yuan, an increase of 56 over the same period last year12% to 3808%。

OCT said that the negative net profit attributable to shareholders of listed companies in 2023 was due to the decrease in the amount of real estate business income carry-over and gross profit margin compared with the same period last year, and the provision for asset impairment of some projects; However, the amount of loss decreased significantly compared with the same period last year, mainly due to the strong recovery of the company's tourism business, and the company's tourism business will improve significantly in 2023; The company carried out in-depth special actions to reduce costs and increase efficiency, strengthened the overall budget process control, and reduced management expenses and sales expenses in 2023 compared with the same period last year; The provision for asset impairment in 2023 decreased compared to the same period last year.

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