Cinda Real Estate(600657)2025-01-17 10:10Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -730 million and -600 million CNY[3]. - The expected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between -760 million and -630 million CNY[4]. - In the same period last year, the total profit was 876 million CNY, with a net profit attributable to shareholders of the parent company of 505 million CNY[5]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, was 498 million CNY in the previous year[6]. Reasons for Expected Loss - The primary reason for the expected loss in 2024 is a decline in revenue and gross margin from real estate development projects compared to 2023[8]. - The company anticipates an increase in impairment provisions for certain real estate development projects and financial investments[8]. Audit and Reporting - The performance forecast has not yet been audited by registered accountants, and the company has communicated with the auditing firm regarding this forecast[9]. - The forecast data is preliminary and the accurate financial data will be disclosed in the audited annual report for 2024[10]. Operational Stability and Investment Risks - The company emphasizes the stability and controllability of its overall operations for the year 2024[8]. - Investors are advised to pay attention to investment risks related to the preliminary nature of the forecast data[10].