Telling Holding(SZ:000829)2024-07-09 10:31Financial Performance - The net profit attributable to shareholders for the first half of 2024 is estimated to be between 11.5 million and 9 million CNY, representing a decrease of 89.28% to 91.61% compared to the same period last year, which was 107.28 million CNY[2]. - The net profit after deducting non-recurring gains and losses is expected to be between 2.6 million and 2 million CNY, a decline of 94.80% to 96.00% from 50.05 million CNY in the previous year[2]. - Basic earnings per share are estimated to be between 0.0112 and 0.0088 CNY, down from 0.1047 CNY in the same period last year[2]. Revenue and Growth - Operating revenue is projected to be between 51.5 million and 50 million CNY, reflecting a growth of 4.54% to 1.49% compared to 49.26 million CNY last year[2]. Factors Affecting Profit - The decline in net profit is primarily attributed to a decrease in mobile phone sales prices and gross margins due to market conditions[4]. - Increased market expenses, sales personnel salaries, and financial costs related to new business and market expansion contributed to the profit decline[4]. - The previous year's profit included non-recurring gains of 48.65 million CNY from penalties and overdue interest received from Shanghai Guijiu Enterprise Development Co., Ltd.[5]. Caution and Disclosure - Investors are advised to exercise caution as the earnings forecast is based on preliminary estimates, with final figures to be disclosed in the 2024 semi-annual report[6]. - The financial data in the earnings forecast has not been audited by the accounting firm[3]. - The announcement was made by the Board of Directors of Tianyin Communication Holdings Co., Ltd. on July 10, 2024[8].