Gelonghui, April 26 | Guangting Information (301221.SZ) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 12,9386 million yuan, an increase of 6.04% over the same period of the previous year, and realized net profit attributable to shareholders of the parent company of -3268,500 yuan. This was mainly due to a sharp increase in the company's exchange losses during the reporting period due to the fall in the yen exchange rate and an increase in preparation for bad debts and inventory price reduction. As of the end of the reporting period, the company's exchange losses during the reporting period were 11.1245 million yuan due to the depreciation of the yen exchange rate.
During the reporting period, the net cash flow from the company's operating activities changed from negative to positive, mainly due to the company's recovery results during the reporting period.