CLTG(002306)2024-07-09 10:31Financial Performance - The company expects a net loss of between 26 million and 32 million RMB for the first half of 2024, compared to a loss of 92.75 million RMB in the same period last year, indicating a significant reduction in losses [5]. - The net profit attributable to shareholders is projected to decline by 65.50% to 71.97% year-on-year [5]. - The net profit after deducting non-recurring gains and losses is also expected to be a loss of between 26 million and 32 million RMB, down by 51.39% to 60.51% compared to the previous year [5]. - The basic earnings per share are estimated to be between -0.0391 RMB and -0.0317 RMB, compared to a loss of 0.1133 RMB per share in the same period last year [5]. Loss Attribution - The significant reduction in losses is primarily attributed to a previous loss of 35.46 million RMB from the internet gaming business and an additional provision of 26.85 million RMB for investor compensation lawsuits in the prior year [7].