GRANDJOY(000031)2024-07-05 12:11Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 260 million and 490 million yuan for the first half of 2024, compared to a profit of 50.75 million yuan in the same period last year [2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss between 340 million and 590 million yuan, down from a profit of 21.78 million yuan year-on-year [2]. - Basic earnings per share are expected to be a loss of 0.06 to 0.11 yuan per share, compared to earnings of 0.01 yuan per share in the previous year [2]. Factors Affecting Profitability - The decline in profitability is attributed to a decrease in gross margin due to sales settlement resource and cycle changes, reduced investment income from joint ventures, and impairment provisions for various assets [3]. - The company is actively adjusting its pricing strategy in response to market changes, which has led to some projects showing signs of impairment [3]. Reporting and Risk Advisory - The performance forecast is based on preliminary estimates by the company's finance department and has not been audited by an accounting firm [6]. - The specific financial data will be detailed in the company's 2024 semi-annual report, and investors are advised to pay attention to investment risks [7].