Zero2IPO (HKG:1945) expects a net profit of between 10 million yuan and 13 million yuan for the year 2024, down 38% to 19% from 16 million yuan a year prior, a Thursday filing with the Hong Kong bourse said.
The venture capital and private equity service provider also expects its 2024 revenue to decline by as much as 24.5% from 238.5 million yuan a year ago, the fling said.
Zero2IPO attributed the downbeat forecast mainly to a decrease in the number of offline industry customized events for marketing services and courses for training services.
The company expects to release its 2024 financial results in March.
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