Pathfinder Is Expected To Lose 5 Million Yuan To 10 Million Yuan In The First Quarter.

In the evening of March 19th, the Pathfinder holding group Limited by Share Ltd (the Pathfinder) released its first quarter results in 2020, showing a loss of 5 million yuan to 10 million yuan in the first quarter.

Pathfinder pointed out that the impact of non recurring gains and losses on net profit in the reporting period was about 500 thousand yuan, compared with 11 million 180 thousand and 600 yuan in the same period last year, mainly in the first quarter of 2019. The company has received most of the financial incentives based on 2018 tax payment, and the financial incentives based on 2019 tax revenue are expected to be received in the second quarter of 2020.

For the reasons for loss, Pathfinder said that the proliferation of the company's offline sales revenue decreased significantly due to the spread of the epidemic, which caused a greater negative impact on the company's reporting period.

During the epidemic period, the Pathfinder actively responded to the new coronavirus epidemic situation, and rapidly developed the research and production supply of health protection products such as non medical protective clothing and protective fishermen's hat, and further strengthened online marketing.

It is worth noting that the Pathfinder also released the 2019 annual performance report last night, showing that the Pathfinder achieved 1 billion 511 million yuan in the reporting period, down 24.12% compared to the same period last year, and the net profit attributable to shareholders of listed companies was 113 million yuan, up 162.16% over the same period last year.

Previously, Pathfinder has repeatedly issued a report that if 2019 continues to lose money, stocks will be suspended from listing risks.