banbao(SH:603398)2024-07-09 09:54Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between -187 million and -152 million RMB[2]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between -191 million and -156 million RMB[2]. - The estimated net profit for the first half of 2024 represents a significant decline compared to the same period last year, where the net profit was 11.48 million RMB[4]. - The company reported a net profit of 5.35 million RMB after excluding non-recurring gains and losses in the same period last year[4]. Factors Affecting Performance - The decline in performance is primarily attributed to the continuous drop in prices within the photovoltaic industry, with a more significant decrease in silicon wafer prices compared to silicon material prices[5]. - Manufacturing costs, including electricity and consumables, have increased year-on-year, leading to a substantial decline in gross profit from core business operations[5]. - The company has seen a significant increase in inventory impairment provisions for its silicon wafer (silicon rod) business during the reporting period[5]. Cautionary Notes - The financial data provided is preliminary and has not been audited by a registered accountant[6]. - The company advises investors to make cautious decisions and be aware of investment risks due to the preliminary nature of the performance forecast[7].