OCT(000069)2024-07-05 11:51Financial Performance Projections - The estimated net profit for the first half of 2024 is projected to be a loss of between RMB 900 million and RMB 1.25 billion, compared to a loss of RMB 1.306 billion in the same period last year[2]. - The net profit attributable to shareholders is expected to improve by 31.09% to 4.29% compared to the previous year[2]. - The loss after deducting non-recurring gains and losses is estimated to be between RMB 1.04 billion and RMB 1.39 billion, compared to a loss of RMB 1.3905 billion last year[2]. - The basic earnings per share are projected to be a loss of between RMB 0.1120 and RMB 0.1555, compared to a loss of RMB 0.1625 per share last year[2]. Contributing Factors to Loss - The decline in gross profit margin from project turnover is a primary reason for the expected loss[4]. - Increased interest expenses and losses from joint ventures are also contributing factors to the anticipated negative performance[4]. Financial Reporting and Disclosure - The financial data presented is based on preliminary estimates by the company's finance department and has not been audited by an accounting firm[3]. - The company emphasizes that the actual financial results will be disclosed in the official 2024 semi-annual report[4]. - Investors are advised to exercise caution and consider investment risks based on the preliminary nature of the earnings forecast[4]. - The company will adhere to relevant laws and regulations for timely information disclosure[4].