Tianhong Culture & Innovation (08500) announced that the Group expects a net loss for the year ended December 31, 2023...
According to Zhitong Finance App News, Tianhong Culture & Innovation (08500) announced that the Group expects to achieve a net loss of no more than RMB 88 million for the year ended December 31, 2023 (year ended December 31, 2022: net loss of RMB 39.2 million (re-listed)). The increase in anticipated losses is mainly due to an increase in credit loss provisions for receivables that are slow to be collected.