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红星发展(600367) - 2024 Q2 - 季度业绩预告
600367GZRS(600367)2024-07-09 07:34

Financial Performance - The company expects to achieve a net profit attributable to the parent company of between 16.3 million and 24 million yuan for the first half of 2024, an increase of 25.38 million to 33.08 million yuan compared to the same period last year[3]. - The preliminary estimate indicates a net profit of 17 million to 25 million yuan, representing a year-on-year increase of 13.02 million to 21.02 million yuan, or an increase of 327.14% to 528.14%[6]. - The performance forecast is subject to achieving profitability, with a net profit increase of over 50% compared to the same period last year[16]. - The preliminary forecast data is unaudited and subject to final confirmation in the official audited report to be disclosed on August 28, 2024[23]. - The company assures that there are no significant uncertainties affecting the accuracy of this performance forecast[23]. Earnings and Cost Management - The company's earnings per share for the same period last year was 0.01 yuan[9]. - The decrease in coal procurement costs and the focus on internal cost reduction and management improvement contributed to increased profits from major products such as barium carbonate and barium sulfate[9]. - The sales volume of high-value-added products, including high-purity barium and high-purity strontium, increased year-on-year, further boosting the company's profits[10]. - The company adjusted its sales strategy based on raw material supply, industry production and sales, and downstream demand, leading to increased sales volume and prices of barium carbonate products[21]. - The amount of bank loans for the company and its subsidiaries decreased during the reporting period, resulting in lower interest expenses and increased profits[22].