ST花王(603007) - 2024 Q2 - 季度业绩预告

Financial Performance Expectations - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -79 million yuan and -53 million yuan[3]. - The net profit excluding non-recurring gains and losses is projected to be between -80 million yuan and -54 million yuan for the same period[3]. - In Q1 2024, the estimated net profit attributable to shareholders is approximately -21.78 million yuan, while Q2 is expected to be between -57.22 million yuan and -31.22 million yuan[6]. - The net profit excluding non-recurring gains and losses for Q1 2024 is estimated at -20.74 million yuan, with Q2 projected to be between -59.26 million yuan and -33.26 million yuan[6]. - The company reported a net profit of -45.76 million yuan for the first half of 2023, indicating a worsening performance year-over-year[9]. Operational Challenges - The primary reason for the expected losses is insufficient operating income to cover fixed costs such as salaries, depreciation, and interest expenses[12]. - The company is facing challenges due to debt issues, loss of financing capability, and supplier lawsuits leading to frozen bank accounts, which have impacted cash flow and project progress[12]. - The company is currently in a pre-restructuring phase, with efforts to enhance liquidity and operational quality ongoing[12]. Financial Reporting and Investor Caution - The financial data provided is preliminary and has not been audited by registered accountants, with the final figures to be disclosed in the official half-year report[13][14]. - Investors are advised to be cautious regarding investment risks based on the preliminary nature of the earnings forecast[14].