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中科三环(000970) - 2024 Q2 - 季度业绩预告

Financial Performance Expectations - The company expects a net loss of between 60 million and 90 million yuan for the first half of 2024, representing a decline of 136.89% to 155.34% compared to a profit of 162.64 million yuan in the same period last year [5]. - The expected net loss after deducting non-recurring gains and losses is between 70 million and 100 million yuan, a decrease of 146.17% to 165.96% from a profit of 151.61 million yuan in the previous year [5]. - Basic earnings per share are projected to be a loss of between 0.0494 yuan and 0.0740 yuan, compared to earnings of 0.1338 yuan per share in the same period last year [5]. Reasons for Performance Decline - The primary reasons for the decline in performance include falling rare earth material prices, insufficient demand in some downstream application areas, and intensified market competition, leading to lower product prices and reduced gross margins [6]. Communication and Reporting - The company has not conducted prior communication with the accounting firm regarding this earnings forecast, and the financial data has not been audited by a registered accountant [5]. - The specific financial data will be detailed in the company's half-year report for 2024, and investors are advised to pay attention to investment risks [7].