SXXC(002585)2025-01-22 09:10Financial Performance Expectations - The company expects a net profit loss of 42 million yuan for 2024, a decline of 150.65% compared to the previous year's loss of 16.76 million yuan[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 50 million yuan, down 108.13% from the previous year's loss of 24.02 million yuan[3]. - Basic earnings per share are expected to be a loss of 0.366 yuan, compared to a loss of 0.146 yuan in the same period last year[3]. Factors Affecting Performance - The decline in performance is attributed to increased competition in the functional polyester film industry, leading to lower sales prices and decreased gross margins[5]. - New projects and products are still in the ramp-up phase, with production capacity utilization and product yield needing improvement[5]. Financial Reporting and Auditing - The financial data provided is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the annual report[4][7]. - The company emphasizes the importance of cautious decision-making for investors due to the preliminary nature of the financial forecasts[7]. Strategic Initiatives - The company is actively expanding its market and promoting innovation to maintain sales growth and stabilize market share despite the challenging environment[5]. - The company has made appropriate provisions for inventory impairment based on prudence principles in accordance with accounting standards[6]. Reporting Period - The annual performance forecast period is from January 1, 2024, to December 31, 2024[3].