KANGXIN NEW MATERIALS(600076)2024-07-12 07:52Revenue Expectations - The company expects to achieve a revenue of 300 million yuan for the first half of 2024, representing a year-on-year increase of approximately 511.88% compared to 49.03 million yuan in the same period last year[9]. Profit Projections - The net profit attributable to shareholders is projected to be -86 million yuan, a slight improvement from -89.46 million yuan in the same period last year[15]. - The estimated earnings per share for the first half of 2024 is -0.07 yuan[6]. - The company anticipates a net profit of -87 million yuan after deducting non-recurring gains and losses[4]. - The company is experiencing a slight narrowing of losses compared to the previous year, despite the overall expected loss for the reporting period[18]. Market Conditions - The sales volume of the company's main product, container bottom plates, has significantly increased compared to the same period last year, although sales prices are slowly rising while costs remain high[18]. - The environmental board industry is facing price declines due to overcapacity, which has further reduced the gross margin of the company's civilian board products[18]. Forecast Reliability - The company has not identified any significant uncertainties that could affect the accuracy of this earnings forecast[12]. - The earnings forecast data is based on preliminary calculations by the company's finance department and has not been audited by registered accountants[8]. - The company emphasizes the importance of investor caution regarding investment risks associated with the preliminary earnings forecast[8].