明牌珠宝(002574) - 2024 Q2 - 季度业绩预告

Financial Performance - The estimated net profit for the first half of 2024 is projected to be between 12 million and 18 million yuan, representing a decline of 73.50% to 82.33% compared to the same period last year, where the profit was 67.91 million yuan[3]. - The net profit after deducting non-recurring gains and losses is expected to be between 2 million and 8 million yuan, a decrease of 85.24% to 96.31% from 54.21 million yuan in the previous year[3]. - Basic earnings per share are forecasted to be between 0.027 yuan and 0.034 yuan, down from 0.13 yuan per share in the same period last year[3]. - The financial data presented is preliminary and has not been audited by an accounting firm[4][8]. - The specific data for the first half of 2024 will be detailed in the company's half-year report[9]. Business Performance - The primary reason for the decline in performance is intensified competition in the photovoltaic industry and a continuous drop in the prices of photovoltaic battery products, leading to losses for the wholly-owned subsidiary Zhejiang Riyue Guangneng Technology Co., Ltd.[5][6]. - The jewelry business has maintained stable development during the reporting period[7]. Strategic Response - The company aims to actively respond to changes in the photovoltaic market environment by reducing costs and increasing efficiency to enhance competitiveness[6].