Zotye Auto: The pre-loss in 2023 is 750 million yuan.

Securities Times E Company News, Zotye Automobile (000980) released its performance forecast on the evening of January 29th, and its net profit in 2023 is expected to be 750 million yuan-900 million yuan, compared with 910 million yuan in the same period last year, which narrowed the year-on-year loss. In 2023, the company’s vehicle business is still recovering, and the sales volume is small. At the same time, the company plans to make provision for asset impairment and bad debts totaling about 300 million yuan to 400 million yuan, so the overall performance is still at a loss.