Chuanglian Holdings (02371) issued an announcement about the net profit for the 12 months ended December 31, 2022...
Zhitong Finance App News, Chuanglian Holdings (02371) announced that compared with the net profit of approximately RMB 10.884 million for the 12 months ended December 31, 2022, the Group expects a net loss of not less than RMB 25 million for the 12 months ending December 31, 2023.
According to the announcement, the Group's performance expectations for the current period are mainly due to (among others) the combined effects of the following factors: the division performance of the Education Consulting and Online Training and Education Services Division for the 12 months ended 31 December 2023 compared with the segment profit of about RMB 37.371,000 for the same period in 2022, which is mainly due to a decrease in online training and education service revenue (with a high gross margin), an increase in the cost of promoting on-site training services, and a decrease in compensation revenue of approximately RMB 22 million; and the sale of several subsidiaries in December 2022 Since then, the profit contribution of financial leasing services has been reduced by approximately RMB 7 million.