According to the Zhitong Finance App, Gehua Cable (600037.SH) disclosed its 2023 annual results forecast. The company expects a net loss attributable to shareholders of the parent company during the reporting period of 148 million yuan to 209 million yuan, changing from profit to loss over the previous year. Net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss was -1994.57 million yuan to 407.455 million yuan.
The main reason for the pre-loss in the company's performance during the reporting period was a significant year-on-year decline in the fair value of Guiguang Internet shares held by the company, and the July-August torrential rain disaster in Beijing also had a certain impact on the company's operating performance.