Financial Performance - The estimated net profit for the first half of 2024 is projected to be between 13,000 and 17,000 million CNY, representing an increase of 1,040% to 1,391% compared to the same period last year, which had a net profit of 1,140.52 million CNY[3] - The estimated net profit after deducting non-recurring gains and losses is projected to be between 13,030 and 17,030 million CNY, a significant increase of 5,081% to 6,610% from a loss of 261.60 million CNY in the previous year[3] - Basic earnings per share are expected to be between 0.09 and 0.12 CNY, compared to 0.008 CNY per share in the same period last year[3] Factors Influencing Profit - The substantial increase in net profit is primarily attributed to the rise in profits from biomass cellulose filament, driven by increased demand and sales volume[5] - The decrease in raw material and energy prices compared to the previous year has led to a reduction in product unit costs, improving the gross margin and gross profit of biomass cellulose filament[5] Financial Reporting and Caution - The financial data presented in the earnings forecast has not been audited by a registered accountant[4] - The company emphasizes that the earnings forecast is based on preliminary calculations and the actual financial data will be disclosed in the official half-year report[6] - Investors are advised to exercise caution and be aware of investment risks as the company commits to timely information disclosure[7]
新乡化纤(000949) - 2024 Q2 - 季度业绩预告