Longquan Pipe Industry(SZ:002671)2024-07-10 09:17Financial Performance - The estimated net profit for the first half of 2024 is projected to be between 14 million and 20 million CNY, representing a year-on-year increase of 427.78% to 653.98% compared to 2.65 million CNY in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is expected to be between 11.5 million and 17 million CNY, reflecting a growth of 544.04% to 852.06% from 1.79 million CNY in the previous year [3]. - The basic earnings per share is anticipated to be between 0.0249 CNY and 0.0356 CNY, compared to 0.005 CNY per share in the same period last year [3]. Operational Efficiency - The company has actively implemented actions to enhance quality and efficiency, leading to improved overall gross margins due to stable delivery of large project orders in regions such as Xinjiang, Guangdong, and Liaoning [6]. Forecast and Auditing - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants [7].