JiShi Media(SH:601929)2024-07-09 11:54Financial Performance Expectations - The company expects a net loss attributable to shareholders of between -195 million and -230 million yuan for the first half of 2024[4] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be between -199 million and -238 million yuan[4] - In the same period last year, the net profit attributable to shareholders was 12.9 million yuan, and the net profit excluding non-recurring gains and losses was -4.3 million yuan[5] Revenue and Market Conditions - The decline in revenue is attributed to a decrease in cable TV users and limited growth in broadband users due to intensified competition in the IPTV market[6] - The company experienced a decrease in income from engineering support fees due to a reduction in new residential projects and extended payment cycles[7] - Costs increased due to the expansion into government enterprise markets and higher financial expenses from reduced capitalized interest[7] - The company reported a year-on-year increase in revenue from government enterprise projects, indicating some growth in this segment[7] Forecast Accuracy and Updates - There are no significant uncertainties affecting the accuracy of this earnings forecast[8] - The forecast data is preliminary and subject to change upon the official release of the 2024 semi-annual report[9]