BLACK PEONY(SH:600510)2024-07-09 09:19Financial Performance - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 50 million and 60 million yuan, a decrease of 65.67% to 60.21% compared to 125.67 million yuan in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is projected to be between 50 million and 60 million yuan, down 46.02% to 55.01% from 111.15 million yuan in the previous year [7]. - The total profit for the previous year was 226.77 million yuan, with a net profit attributable to shareholders of the parent company of 125.67 million yuan and a net profit after deducting non-recurring gains and losses of 111.15 million yuan [17]. Performance Impact Factors - The decrease in performance is primarily attributed to the impact of the real estate project delivery cycle and the real estate market, leading to a reduction in recognized revenue from commodity housing [17]. - The company has conducted impairment testing based on the accounting standards, resulting in provisions for inventory write-downs and bad debt reserves due to indications of impairment in certain real estate projects [17]. Forecast and Reporting - The performance forecast has not been audited, and as of the announcement date, there are no significant uncertainties affecting the accuracy of the forecast [18]. - The preliminary forecast data is subject to final confirmation in the official half-year report to be released by the company [19].