TCICL(SH:600281)2024-07-09 10:49Financial Performance - The company expects a net loss attributable to shareholders for the first half of 2024 to be between -57 million and -40 million RMB, which represents an improvement in losses compared to the same period last year [3]. - The net loss attributable to shareholders after deducting non-recurring gains and losses is also projected to be between -57 million and -40 million RMB, indicating a reduction in losses year-over-year [5]. - In the same period last year, the net loss attributable to shareholders was -91.66 million RMB [7]. - The net loss attributable to shareholders after deducting non-recurring gains and losses in the previous year was -91.82 million RMB [8]. Business Segments - The precious metals business incurred a loss of approximately 5.9 million RMB in the first half of 2024, primarily due to high fixed costs despite an increase in sales volume [9]. - The biodegradable materials and products business reported a loss of about 37 million RMB, attributed to low capacity utilization and insufficient operations [9]. Earnings Forecast - The earnings forecast has not been audited by a registered accountant, and the figures are preliminary estimates [6]. - The company assures that there are no significant uncertainties affecting the accuracy of this earnings forecast [11]. - Investors are advised to consider the preliminary nature of the financial data and the associated investment risks [12]. - The financial data will be finalized in the official 2024 semi-annual report [12].