Highton Development(603162)2025-01-20 09:50Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 478 million and 584 million CNY, an increase of 293 million to 399 million CNY compared to the previous year, representing a year-on-year growth of 158.38% to 215.68%[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is projected to be between 437 million and 535 million CNY, an increase of 261 million to 359 million CNY compared to the previous year, reflecting a year-on-year increase of 148.30% to 203.98%[5] - The total profit for the year 2023 was 183 million CNY, with a net profit attributable to shareholders of 185 million CNY and a net profit after deducting non-recurring gains and losses of 176 million CNY[7] Operational Strategies - The company plans to expand its controlled capacity and optimize its global shipping routes to enhance operational efficiency and reduce operating costs[7] - The main reasons for the profit increase in 2024 include a moderate global economic recovery, rising trade demand, and improved shipping market conditions due to geopolitical tensions[7] Financial Data and Reporting - The performance forecast is based on preliminary calculations by the finance department and has not been audited by registered accountants[6] - The financial data provided is preliminary and the final figures will be disclosed in the official 2024 annual report[9] - There are no significant uncertainties affecting the accuracy of the performance forecast[8] - Investors are advised to be cautious regarding investment risks associated with the preliminary data[9] Capital Management - The company implemented a capital reserve conversion plan in 2024, resulting in a stock increase of 4.80 shares for every 10 shares held, which adjusted the previous year's earnings per share to 0.31 CNY[7]