Tech-Bank(002124)2025-01-07 08:50Financial Performance - The company expects a net profit attributable to shareholders of 1.36 to 1.56 billion yuan for 2024, a significant turnaround from a loss of 2.883 billion yuan in the same period last year[4]. - The net profit after deducting non-recurring gains and losses is projected to be 190 million yuan, compared to a loss of 2.987 billion yuan in the previous year[2]. - Basic earnings per share are estimated at 0.6121 yuan, recovering from a loss of 1.57 yuan per share in the prior year[2]. - The profit increase is primarily driven by a 999.5 million yuan investment gain from the sale of a 32.91% stake in a subsidiary in the first quarter[4]. - The company achieved profitability in its main pig farming business for three consecutive quarters starting from the second quarter of 2024[4]. Operational Challenges - The company has maintained normal production operations during the pre-restructuring phase, with significant cost reduction measures leading to a noticeable decline in pig sales costs[4]. - There is uncertainty regarding the company's entry into formal restructuring procedures, which may impact stock trading and potential delisting risks[5][6]. - The company has faced continuous operating capability uncertainties, with negative net profits reported from 2021 to 2023[7]. - Market price volatility of commodity pigs and risks from diseases like African swine fever could significantly impact the company's performance[7]. Future Plans - The company plans to apply for the removal of risk warnings if the audited financial report for 2024 meets the necessary conditions[7].