Highton Development(603162)2024-07-09 08:14Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 220 million and 260 million CNY, an increase of 86 million to 126 million CNY compared to the same period last year, representing a year-on-year increase of 64.18% to 94.03%[11]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between 190 million and 230 million CNY, an increase of 57 million to 97 million CNY compared to the same period last year, reflecting a year-on-year increase of 42.86% to 72.93%[13]. - The previous year's earnings per share was 0.27 CNY, adjusted for a stock dividend distribution of 4.80 shares for every 10 shares held[14]. Market Conditions - The average Baltic Supramax Index (BSI) increased by 33.64% year-on-year in the first half of 2024, indicating a recovery in the global shipping market[14]. Operational Strategy - The company has expanded its controlled capacity and optimized its global route layout to improve operational efficiency and reduce operating costs through refined management[14]. Earnings Forecast Validity - The earnings forecast is based on preliminary calculations by the company's financial department and has not been audited by registered accountants[15]. - The company assures that there are no significant uncertainties affecting the accuracy of this earnings forecast[15]. - The company emphasizes the importance of investors being aware of investment risks as the earnings forecast data is preliminary and subject to change[16]. Announcement Integrity - The company has committed to ensuring the truthfulness, accuracy, and completeness of the announcement content[1]. - The performance forecast period is from January 1, 2024, to June 30, 2024[12].