Sinomine(002738)2024-07-09 10:47Financial Performance - The estimated net profit attributable to shareholders for the first half of 2024 is projected to be between 460 million and 600 million CNY, representing a decrease of 60.06% to 69.38% compared to the same period last year, where it was 1,502.41 million CNY[3] - The estimated net profit after deducting non-recurring gains and losses is expected to be between 430 million and 570 million CNY, a decline of 61.76% to 71.15% from the previous year's 1,490.45 million CNY[3] - The basic earnings per share is projected to be between 0.6375 CNY and 0.8316 CNY, down from 2.2107 CNY per share in the same period last year[3] Market Conditions - The decline in performance is attributed to significant price drops in lithium compound products due to market fluctuations in the lithium battery new energy industry, leading to a decrease in gross profit margin[4] Cost Management - The company is actively working to reduce comprehensive costs in its lithium battery new energy business by increasing production capacity, improving energy supply from mines, and enhancing raw material self-sufficiency[4] Financial Reporting - The financial data in the earnings forecast has not been audited by an accounting firm and is based on preliminary estimates from the company's finance department[5] - The specific financial data will be detailed in the company's 2024 semi-annual report, and investors are advised to pay attention to investment risks[5]