青岛双星(000599) - 2024 Q2 - 季度业绩预告

Financial Performance - The company expects a net loss attributable to shareholders between 45 million and 60 million yuan for the first half of 2024, compared to a loss of 131.37 million yuan in the same period last year, indicating an improvement of 54% to 66%[2] - The net loss after deducting non-recurring gains and losses is projected to be between 60 million and 80 million yuan, down from a loss of 156.14 million yuan year-on-year, reflecting a reduction of 62% to 49%[2] - The basic earnings per share are expected to be a loss of 0.06 to 0.07 yuan per share, compared to a loss of 0.16 yuan per share in the previous year[2] Revenue Growth - The company's overseas business revenue grew by over 10% year-on-year, despite challenges such as rising shipping costs[4] - High-value-added products, including all-explosion-proof and rare earth tires, saw a sales increase of 83%, contributing to the overall revenue growth[4] - The company has optimized its channel and product structure, leading to revenue growth in a competitive tire market[4] Production and Market Strategy - The company is in the trial production phase for its Cambodia factory, with plans to gradually ramp up production in the second half of the year, targeting high-tariff, high-margin markets in Europe and the U.S.[5] - The profitability of PCR products has been improving, contributing to a reduction in net loss for the company[4] - The company warns that the truck and bus tire market still faces insufficient demand, which continues to impact overall profitability[5] Financial Reporting - The financial data presented is preliminary and has not been audited by an accounting firm, with the final figures to be disclosed in the official half-year report[6]