TWH(SZ:002512)2024-07-10 10:41Financial Performance - The estimated net profit for the first half of 2024 is between 1.5 million to 2.25 million yuan, representing a decline of 78.09% to 85.39% compared to the same period last year, where the profit was 10.2682 million yuan[3]. - The estimated net loss after deducting non-recurring gains and losses is between 3 million to 4.5 million yuan, compared to a loss of 42.1783 million yuan in the previous year[3]. - The basic earnings per share are projected to be between 0.0014 yuan to 0.0021 yuan, down from 0.0094 yuan per share in the same period last year[3]. Reasons for Decline - The decline in net profit is primarily due to the previous year's gains from the disposal of long-term equity investments that did not meet strategic development needs[5]. Business Strategy - The company has focused on its "one network, one screen" strategy, shutting down non-strategic loss-making subsidiaries, which has led to a reduction in negative impacts on net profit[6]. Cost Management - The gross margin of the television board card business has temporarily adjusted due to fluctuations in material prices, prompting the company to enhance cost management[5]. Financial Management - The company has improved debt recovery management, resulting in positive effects on financial performance[6]. - The exchange losses on payables denominated in US dollars have decreased compared to the same period last year[6]. Financial Reporting - The financial data presented is preliminary and has not been audited by an accounting firm, with detailed financial information to be disclosed in the 2024 semi-annual report[7]. Investor Advisory - Investors are advised to invest rationally and be aware of risks associated with the company's performance[7].