According to the Zhitong Finance App, Leo Co., Ltd. (002131.SZ) released the 2023 annual results forecast. Net profit attributable to shareholders of listed companies is expected to be 1.9 billion yuan to 2.1 billion yuan for the whole year, turning a loss into a profit over the previous year.

During the reporting period, the company's business developed steadily. The digital marketing sector leverages the advantages of artificial intelligence AI technology to further deepen the complete marketing link layout from the brand to the sales side. While consolidating traditional advantages, the machinery manufacturing sector continues to promote digital transformation and support sustainable business development with intelligent solutions.

The main reason why the company turned a loss into profit during the reporting period was that the total confirmed profit and loss amount of Ideal Auto shares held by the company and some Ideal Auto shares disposed of during the reporting period was about RMB 2,342 billion. The impact of this portion of profit and loss on net profit attributable to shareholders of listed companies was approximately RMB 1,757 million, including non-recurring profit and loss; the amount of impact of this portion of profit and loss on net profit attributable to shareholders of listed companies during the same period last year was -547 million yuan. The above factors have had a great impact on the company's net profit attributable to shareholders of listed companies.