TF Securities(SH:601162)2024-07-09 09:01Financial Performance Expectations - Tianfeng Securities expects a net profit attributable to shareholders of RMB -338 million to -270 million for the first half of 2024, indicating a loss compared to the same period last year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be RMB -352 million to -282 million for the first half of 2024 [3]. - In the same period last year, the net profit attributable to shareholders was RMB 552 million, with a net profit of RMB 460 million after deducting non-recurring gains and losses [4]. - Earnings per share for the previous year was RMB 0.06 [4]. Reasons for Expected Loss - The primary reason for the expected loss in the first half of 2024 is the decrease in fair value changes and investment income due to fluctuations in the equity market [5]. Future Performance Outlook - The company anticipates improved performance in the second quarter of 2024, expecting to achieve profitability as business operations stabilize [3]. - The preliminary financial data provided is subject to final confirmation in the official half-year report [5]. - There are currently no significant uncertainties that could affect the accuracy of this earnings forecast [5].