Mentech(SZ:002902)2024-07-10 11:05Financial Performance - The company expects a net profit loss of between 65 million and 85 million yuan for the first half of 2024, compared to a profit of 9.2286 million yuan in the same period last year [15]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of between 73 million and 93 million yuan, down from a profit of 4.4209 million yuan in the previous year [15]. - Basic earnings per share are projected to be a loss of between 0.2905 yuan and 0.3798 yuan, compared to a profit of 0.0436 yuan per share last year [15]. - The preliminary earnings forecast is subject to change, with detailed figures to be disclosed in the 2024 semi-annual report [18]. Revenue Challenges - The decrease in revenue is attributed to a reduction in orders due to market environment changes and intensified industry competition, along with new products not yet contributing significantly to revenue [11]. Business Strategy - The company is transitioning from a single To B business model to a dual strategy of To B and To C, resulting in increased expenses for brand image enhancement and new business promotion [12]. - The company is actively investing in the optical communication and data communication optical module business, but faces challenges due to a long testing cycle and high product costs in small batch deliveries [4]. - To capture industry opportunities, the company is adjusting pricing to offer discounts to customers, which may limit profitability due to lower margins [17].