YMCC(SH:600691)2024-07-09 09:26Financial Performance Expectations - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -330 million and -255 million yuan[2]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -372 million and -297 million yuan[2]. - The previous year's net profit attributable to shareholders was -215.14 million yuan, indicating a worsening performance[4]. - The total profit for the previous year was -296.39 million yuan, showing a significant loss compared to the current projections[4]. - The earnings per share for the previous year was -0.0905 yuan, reflecting the company's financial struggles[4]. Product Pricing and Market Conditions - The company reported a significant decline in prices for its main products, including urea, polyvinyl chloride, and caustic soda, compared to the same period last year[6]. - The decrease in product prices occurred despite only a minor reduction in the prices of key raw materials, adversely affecting the company's performance[6]. Forecast and Investment Advisory - The company emphasizes that the forecast data is preliminary and subject to change upon the release of the official half-year report[8]. - There are no uncertainties affecting the accuracy of this earnings forecast[7]. - The company advises investors to be cautious regarding investment risks based on the preliminary data provided[8].