Airport Corp(SH:600463)2024-07-09 08:32Financial Performance Expectations - The company expects a net profit attributable to shareholders of approximately -49 million to -73.5 million yuan for the first half of 2024[7]. - The total profit is estimated at -60.8494 million yuan, with a net profit attributable to shareholders of -48.039 million yuan, and a net profit excluding non-recurring gains and losses of -46.2725 million yuan[9]. - The expected net profit excluding non-recurring gains and losses is projected to be between -47 million and -70.5 million yuan for the first half of 2024[15]. - The earnings per share for the same period last year was -0.1601 yuan[16]. Reasons for Loss - The main reason for the expected loss is the operating loss of the subsidiary Beijing Tianyuan Construction Engineering Co., Ltd.[5]. - The construction business is facing increasing competition, with declining gross margins on projects and rising costs for labor subcontracting and materials due to policy adjustments in Beijing[16]. Business Segment Performance - The company’s real estate leasing business remained stable but could not offset the losses from the construction segment[16]. Financial Data and Risks - The earnings forecast has not been audited by a registered accountant[19]. - The company emphasizes the importance of investors being aware of investment risks due to the preliminary nature of the financial data[12]. - The company has not identified any significant uncertainties affecting the accuracy of this earnings forecast[11].