Sunwave(SZ:002115)2024-07-09 11:25Financial Performance - The company expects a net profit attributable to shareholders of 3 million to 450 million yuan, representing a decline of 91.86% to 94.58% compared to the same period last year, where it was 55.31 million yuan [3]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of 650 million to 1,300 million yuan, a decrease of 114.53% to 129.06% from 44.73 million yuan in the same period last year [3]. - Basic earnings per share are projected to be between 0.0037 yuan and 0.0055 yuan, down from 0.0682 yuan per share in the previous year [3]. Revenue and Market Conditions - The decline in overseas orders is attributed to a decrease in demand from international clients, impacting overseas revenue and gross profit in the communication business [5]. - The company anticipates a foreign exchange gain of approximately 1.5 million yuan, significantly lower than the 10.1471 million yuan gain in the same period last year [5]. - The internet advertising sector's intensified competition and the expiration of tax incentives have adversely affected the operating performance of Juwang Technology in the first half of 2024 [6]. Strategic Initiatives - The company has increased impairment provisions for accounts receivable and contract assets due to prudent accounting practices and customer operating conditions [5]. - The company is committed to a comprehensive internationalization strategy and will continue to drive innovation, reduce costs, and enhance competitiveness [6]. Financial Reporting and Investor Guidance - The financial data presented is preliminary and has not been audited by an accounting firm; detailed financial information will be disclosed in the 2024 semi-annual report [7]. - Investors are advised to make cautious decisions and be aware of investment risks [7].