Financial Performance - The company expects a net loss of 1.26187 billion yuan for the year 2024, a decline of 89% compared to the previous year's loss of 667.646 million yuan [3]. - The net loss after deducting non-recurring gains and losses is projected to be 711.933 million yuan, a decrease of 270.87% from the previous year's loss of 191.9606 million yuan [3]. - Basic earnings per share are expected to be a loss of 0.52 yuan per share, compared to a loss of 0.27 yuan per share in the previous year [3]. Market Conditions - The steel industry is facing weak downstream demand and low steel prices, contributing to the expected decline in performance [6]. - Non-recurring losses amount to 549.937 million yuan, primarily due to fixed asset write-off losses impacting pre-tax profit by 799.86 million yuan [6]. Future Outlook - The company anticipates a slight improvement in the fourth quarter, with an estimated net profit of approximately 67.17 million yuan for that period [6]. - The company is implementing organizational reforms and accelerating transformation projects to address the challenging market conditions [6]. Cautionary Notes - The financial data in the earnings forecast has not been audited by the accounting firm, and investors are advised to exercise caution [7].
三钢闽光(002110) - 2024 Q4 - 年度业绩预告