RNM(600259)2024-07-09 07:38Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -271 million and -311 million yuan, a decrease of 373.09 million to 413.09 million yuan compared to the same period last year [4]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -273.85 million and -313.85 million yuan, a decrease of 331.12 million to 371.12 million yuan year-on-year [4]. - The previous year's net profit attributable to shareholders was 102.09 million yuan, with a net profit of 57.27 million yuan after deducting non-recurring gains and losses [6]. Factors Affecting Profit - The decline in profit is attributed to a significant drop in the average selling price of key rare earth products such as praseodymium, neodymium, dysprosium, and terbium, along with increased inventory impairment losses [7]. Strategic Response - The company is implementing a "one enterprise, one policy" strategy to enhance operational efficiency and cost control in response to adverse market conditions [7]. Financial Reporting - The financial data provided is preliminary and has not been audited by registered accountants, with the final figures to be disclosed in the official half-year report [7].