CHINA PHOENIX(000520)2024-07-10 10:21Financial Performance - The company expects a net loss of between 13 million and 17 million yuan for the first half of 2024, compared to a loss of 8.36 million yuan in the same period last year, representing a decline of 103.35% to 55.50%[4] - The company reported a net loss of 9.27 million yuan after deducting non-recurring gains and losses, compared to a loss of 9.27 million yuan in the same period last year, reflecting a decline of 88.79% to 45.63%[4] - Basic earnings per share are expected to be between -0.0168 yuan and -0.0128 yuan, compared to -0.0083 yuan per share in the same period last year[4] Revenue and Cargo Volume - The revenue for the first half of 2024 is projected to be 497.11 million yuan, an increase of 13.96 million yuan or 2.89% year-on-year[6] - The total cargo volume reached 16.56 million tons, an increase of 3.09 million tons or 22.90% year-on-year[6] Market Conditions - The average CBCFI (Coastal Coal Freight Index) for the first half of 2024 was 583.46 points, indicating a further decline in freight rates[6] - The company is actively expanding its market and reducing costs despite the overall decline in profitability[6] Financial Reporting and Risks - The preliminary financial data is subject to final confirmation in the official half-year report[8] - The performance forecast has not been audited by a registered accountant[5] - Investors are advised to pay attention to investment risks based on the preliminary data provided[8]