KNT(SZ:300225)2024-07-08 10:32Financial Performance - The company expects a net profit attributable to shareholders of between 10.5 million and 15.5 million yuan for the first half of 2024, representing a year-on-year growth of 1,232% to 1,770% compared to a loss of 927,900 yuan in the same period last year [6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 9.5 million and 14 million yuan, reflecting a year-on-year increase of 330% to 440% compared to a loss of 4,122,600 yuan last year [6]. - The company anticipates that non-recurring gains and losses will impact the net profit attributable to shareholders by approximately 1.2 million yuan for the first half of 2024 [14]. - The company has achieved a turnaround from losses to profits in its performance forecast for the first half of 2024 [12]. - The financial data provided in the earnings forecast is preliminary and has not been audited by accountants, with detailed financial data to be disclosed in the 2024 semi-annual report [9]. Market and Industry Trends - According to the China Association of Automobile Manufacturers, from January to May 2024, automobile production and sales reached 11.384 million and 11.496 million units, respectively, with year-on-year growth of 6.5% and 8.3% [8]. - The automotive coatings demand is expected to grow further due to the stabilization and recovery of the domestic automobile market [8]. Business Strategy - The company is focusing on enhancing customer satisfaction and loyalty while actively expanding its customer base and market presence in the automotive and industrial coatings sectors [2]. - The company is actively optimizing its customer and product structure, which has significantly enhanced its product competitiveness and overall profitability [2]. - The company is committed to lean management principles and has implemented various operational measures to enhance efficiency and control costs, leading to improved overall operational quality [13].