ZJOFHC(600120)2025-01-22 10:15Financial Performance - The company expects a net profit attributable to shareholders of 947 million yuan for 2024, an increase of approximately 462 million yuan or 95% compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses is projected to be 268 million yuan, a decrease of approximately 195 million yuan or 42% year-on-year[5]. - The total profit for 2023 was reported at 424 million yuan, with a net profit of 485 million yuan according to the annual report, and 540 million yuan based on restated financial data[7]. - The projected net profit for 2024 represents a 75% increase when compared to the restated financial data from 2023[5]. Operational Performance - The company achieved a significant improvement in profitability due to enhanced performance in its financial subsidiaries and the successful acquisition of a 3.24% stake in Hangzhou United Bank[8]. - The company has been rated as "excellent" in the "Double Hundred Action" by the State-owned Assets Supervision and Administration Commission, indicating strong operational performance[8]. Strategic Focus - The company is focusing on high-quality development, enhancing core functions, and improving competitiveness through various strategic initiatives[8]. Fair Value and Uncertainties - The company has confirmed a fair value loss due to the slow progress in disposing of historical real estate projects within its trust business[8]. - The financial data provided is preliminary and subject to final confirmation in the official 2024 annual report[10]. - There are no significant uncertainties affecting the accuracy of this earnings forecast[9].