CHINA PHOENIX(000520)2025-01-22 10:20Financial Performance - The company expects a net loss attributable to shareholders of between -83 million and -66 million yuan for the fiscal year 2024, a decline of approximately 853.78% to 658.43% compared to the previous year [3]. - The net loss after deducting non-recurring gains and losses is projected to be between -89 million and -72 million yuan, representing a decrease of about 452.27% to 346.78% year-over-year [3]. - Basic earnings per share are expected to be between -0.082 and -0.0652, compared to -0.0086 in the same period last year [3]. Operational Challenges - Increased industry competition has resulted in operating losses for some of the company's owned and leased vessels [5]. - The company has identified impairment indicators for certain vessels and has made provisions for asset impairment following impairment testing [5]. Strategic Initiatives - The company has intensified reform efforts, significantly reducing internal organizational structure and personnel, leading to improved cost control [5]. Financial Reporting - The preliminary financial data provided is subject to change and will be finalized in the official annual report [6].