Fortune(600965)2024-07-09 10:04Revenue Expectations - The company expects a revenue of approximately 450 million yuan for the first half of 2024, a decrease of 121.22 million yuan or 21.22% compared to the same period last year[22]. - The funeral segment's revenue declined due to a normalization of sales after a high volume of sales in the previous year[7]. - The food processing segment experienced a revenue drop due to intense market competition and loss of major clients[13]. - The livestock segment saw an increase in sales revenue but a significant reduction in profit due to high procurement costs and extended feeding periods[24]. - The overall restaurant segment faced losses due to consumer spending downgrades and the closure of five stores[30]. Profit Projections - The net profit attributable to the parent company is estimated to be around 30 million yuan, a decrease of 62.7 million yuan or 67.64% year-on-year[11]. - The net profit excluding non-recurring gains and losses is projected to be approximately 29 million yuan, down by 69.44% compared to the previous year[16]. - The company anticipates a decline in performance across all segments, leading to a projected decrease in net profit of over 50%[17]. Financial Reporting - The financial data in this forecast has not been audited by registered accountants[27]. - The company emphasizes that the forecast data is preliminary and the final figures will be disclosed in the official semi-annual report[31].