HUAKONG SEG(000068)2024-07-09 10:04Financial Performance - The company expects a net loss of between 40 million and 60 million yuan for the first half of 2024, compared to a profit of 425.365 million yuan in the same period last year[2] - The net loss after deducting non-recurring gains is estimated to be between 41 million and 61 million yuan, compared to a loss of 69.8165 million yuan in the previous year[2] - Basic earnings per share are projected to be a loss of between 0.0397 yuan and 0.0596 yuan, down from a profit of 0.4225 yuan per share in the same period last year[2] Reasons for Loss - The increase in loss is primarily due to the absence of a 495 million yuan gain from the disposal of equity in Huakong Real Estate recognized in the first half of 2023[4] - The decrease in loss after non-recurring items is attributed to reduced financial expenses from the repayment of interest-bearing liabilities and cost control measures leading to lower operating expenses in the first half of 2024[4]