CITC(SZ:002190)2024-07-09 10:37Financial Performance - The estimated net profit for the first half of 2024 is projected to be a loss of between 23 million and 34 million yuan, compared to a profit of 12.44 million yuan in the same period last year [3][4]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of between 20.4 million and 31.4 million yuan, down from a profit of 8.80 million yuan year-on-year [4]. - The basic earnings per share is projected to be a loss of between 0.06 and 0.09 yuan per share, compared to a profit of 0.03 yuan per share in the previous year [4]. Revenue Decline - Revenue from the aviation parts business is expected to decline by over 70% due to low demand from key customers and increased competition, leading to a negative gross margin [6]. - The tooling and mold business is anticipated to see a revenue drop of over 40%, with increased fixed costs due to uneven order production and extended delivery periods [7]. Financial Expenses - Financial expenses have increased year-on-year due to exchange rate fluctuations and higher interest expenses from increased loans [7]. - Quality compensation expenses recognized in the current period have increased by 5.41 million yuan compared to the previous year, impacting overall profitability [7]. Preliminary Data - The company emphasizes that the financial data is preliminary and subject to final confirmation in the official half-year report [8].