Milkground(SH:600882)2024-07-09 09:32Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 65 million to 90 million yuan, representing a year-on-year increase of approximately 128% to 215% compared to 28.57 million yuan in the same period last year [13]. - The net profit attributable to shareholders of the parent company for the first half of 2023 was 28.57 million yuan, with a total profit of 37.73 million yuan [24]. - The net profit excluding non-recurring gains and losses for the first half of 2024 is expected to be between 45 million to 70 million yuan, a significant increase of approximately 1,532% to 2,439% compared to 2.76 million yuan in the same period last year [23]. Factors Influencing Profit - The increase in profit is attributed to a decrease in government subsidies received and a low base from the previous year [25]. - The company has implemented cost reduction and efficiency improvement measures, leading to a decrease in sales and management expense ratios compared to the previous year [6]. - The gross profit margin has increased compared to the same period last year due to a decrease in raw material procurement costs [6]. Performance Forecast Validity - The company assures that there are no significant uncertainties affecting the accuracy of this performance forecast [19]. - The performance forecast data has not been audited by a registered accountant [17]. - The company emphasizes that the forecast is applicable only if it achieves profitability and a net profit increase of over 50% compared to the same period last year [22]. - The preliminary forecast data is subject to confirmation in the official semi-annual report to be released in 2024 [10].