Beijing New Space Technology (SH:605178)2024-07-09 08:51Financial Performance Expectations - The company expects a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between -82 million and -67 million yuan for the first half of 2024[4]. - This projected loss represents a decline compared to the same period last year, where the net profit attributable to the parent company was -73.876 million yuan[8]. - The earnings per share for the previous year was -0.74 yuan[9]. Revenue and Profitability Challenges - The increase in revenue compared to the previous year was offset by compressed gross profit margins due to macroeconomic and industry factors[10]. - Delays in project payment cycles due to local fiscal factors have led to asset impairment and credit impairment losses impacting profits[10]. - The company is implementing cost reduction and efficiency improvement measures, but there is limited room to reduce fixed costs and necessary operating expenses[10]. Forecast Accuracy and Reporting - There are currently no significant uncertainties affecting the accuracy of this earnings forecast[10]. - The data provided is preliminary and the final financial figures will be disclosed in the official half-year report for 2024[10].