Tianyu Group(002354)2025-01-21 10:15Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 110 million and 150 million yuan for the year 2024, a reduction in loss of 86.20% to 89.88% compared to the previous year's loss of 1,087.06 million yuan [2]. - The net loss after deducting non-recurring gains and losses is projected to be between 168 million and 208 million yuan, representing a reduction in loss of 79.49% to 83.44% compared to the previous year's loss of 1,014.24 million yuan [2]. - The basic earnings per share are expected to be a loss of between 0.0665 yuan and 0.0907 yuan, compared to a loss of 0.6570 yuan per share in the previous year [2]. Factors Affecting Net Profit - The decline in net profit is primarily due to the poor operating performance of certain equity-method investees not included in the consolidated financial statements, which negatively impacted the company's net profit [4]. - The company plans to make provisions for asset impairment for underperforming subsidiaries and investees, which will also adversely affect net profit [5]. - Non-recurring gains and losses are expected to impact net profit by approximately 58 million yuan, mainly due to a court ruling that dismissed claims against the company related to false statements [5]. Financial Reporting and Communication - The financial data in the earnings forecast has not been audited by the accounting firm, and the company has communicated with the auditors regarding the forecast without any discrepancies [3]. - The company emphasizes the importance of the upcoming annual report for detailed financial data and urges investors to exercise caution [6]. - The earnings forecast period is from January 1, 2024, to December 31, 2024 [2]. - The announcement was made by the board of directors on January 21, 2025 [8].