Grandblue Environment (SH:600323)2024-07-09 10:29Financial Performance - The company expects a net profit attributable to shareholders of approximately 885.63 million yuan for the first half of 2024, an increase of 195.75 million yuan, representing a year-on-year growth of about 28.37%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be approximately 871.23 million yuan, an increase of 201.18 million yuan, representing a year-on-year growth of about 30.02%[10] - The company reported earnings per share of 0.85 yuan for the same period last year[5] - The expected increase in net profit reflects the company's ongoing efforts in market expansion and operational efficiency improvements[12] Operational Performance - The significant increase in profit is primarily due to the improvement in the natural gas price difference compared to the same period in 2023, indicating better overall operational performance in the energy business[12] - The company’s wholly-owned subsidiary, Hanlan (Jining) Solid Waste Disposal Co., Ltd., made significant progress in confirming power generation revenue, receiving a total of 132.6 million yuan in power generation fees, which contributed approximately 117 million yuan to the company's net profit for the period[6] - The financial performance is indicative of the company's strategic focus on enhancing its energy business and solid waste disposal operations[12] Earnings Forecast - The earnings forecast is based on preliminary calculations, and the specific financial data will be disclosed in the company's semi-annual report on August 26, 2024, highlighting the importance of monitoring investment risks[14] - The company has not identified any significant uncertainty factors that could impact the accuracy of this earnings forecast[13] Compliance and Transparency - The company emphasizes the accuracy, authenticity, and completeness of the information provided in the announcement, ensuring compliance with legal responsibilities[9]