CSSC-STC(SH:600072)2024-07-09 09:35Financial Performance - The company expects a net profit attributable to shareholders of approximately -95 million yuan for the first half of 2024, indicating a loss compared to the previous year's profit of 51.06 million yuan [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is estimated to be around -114.5 million yuan for the first half of 2024, compared to 37.83 million yuan in the same period last year [3]. - The earnings per share for the previous year was 0.0693 yuan [4]. Market Conditions - The primary reason for the expected loss is the intense competition in the domestic wind power market, leading to a decline in bidding prices and significant pressure on the company's main business [5]. - The company did not achieve the expected progress in some project implementations, resulting in a noticeable drop in operating income [5]. - There were no sales of wind farm products during the reporting period, contributing to the anticipated losses [5]. Forecast Accuracy - The company assures that there are no significant uncertainties affecting the accuracy of this earnings forecast [5]. - The data provided is preliminary and the final financial figures will be disclosed in the official half-year report [5].