HHWW(600172)2025-01-24 10:35Financial Performance - The company expects a net profit attributable to shareholders of -880 million yuan for 2024, compared to -798.49 million yuan in the previous year, indicating a continued loss [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be -895 million yuan for 2024, down from -800.72 million yuan in 2023 [3]. - The earnings per share for the previous year was -0.5736 yuan [4]. Revenue and Profitability - The primary reason for the expected loss is the decline in sales prices of superhard material products due to market supply and demand changes, leading to decreased revenue and profitability [5]. - Despite implementing cost reduction and efficiency improvement measures, the company is unable to quickly lower operating costs in the short term, resulting in continued net losses for the year [5]. Forecast and Risks - The performance forecast is based on preliminary calculations and has not been audited [3]. - There are no significant uncertainties affecting the accuracy of this performance forecast [6]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and the final financial data will be disclosed in the official annual report [7].