Workflow
*ST和科(002816) - 2024 Q2 - 季度业绩预告

Financial Performance - The estimated net profit for the first half of 2024 is expected to be a loss of between 20 million and 28 million yuan, compared to a loss of 22.1 million yuan in the same period last year[2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 10 million and 18 million yuan, compared to a loss of 22.33 million yuan in the same period last year[2]. - The basic earnings per share are expected to be a loss of between 0.20 yuan and 0.28 yuan, compared to a loss of 0.2210 yuan per share in the same period last year[2]. Debt Management - The company has reduced some debts owed to Shenzhen Huihefu Enterprise Management Co., Ltd. during the reporting period[4]. Business Transformation - The company is undergoing a business transformation, with the harness business gradually generating revenue, although profits have not yet met expectations due to increased expenses during the market cultivation period[8]. Market Conditions - The company experienced a decrease in operating income and profit year-on-year due to intensified industry competition and insufficient downstream demand[11].