DOJJ(SZ:002798)2024-07-10 11:17Financial Performance - The company expects a net profit attributable to shareholders to be a loss of between 50 million and 60 million yuan for the first half of 2024, compared to a loss of 60.55 million yuan in the same period last year, indicating a reduction in loss by 10.55 million to 0.55 million yuan [4]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of 65 million to 75 million yuan, compared to a loss of 67.53 million yuan in the same period last year [3]. - The basic earnings per share is projected to be a loss of 0.1366 to 0.1639 yuan per share, compared to a loss of 0.1635 yuan per share in the same period last year [3]. - The main reason for the loss is the amortization of financial expenses of 40.77 million yuan related to the convertible bonds issued, which the company does not actually need to pay [4]. - The specific financial data will be detailed in the company's 2024 semi-annual report [6]. Business Strategy - The company's core subsidiary, Foshan Oushennuo Ceramics Co., Ltd., is expected to turn a profit in the first half of 2024 [5]. - The company is focusing on enhancing competitiveness in product manufacturing costs and has implemented refined management throughout its supply chain [5]. - The company is actively abandoning some risky engineering channel businesses while continuing to expand its distribution channel business [12]. - The company is empowering distributors through core merchant construction and regional alliances, aiming to upgrade stores and target high-end customers [12]. - The company plans to increase customer access by expanding into the whole decoration and home decoration markets [12].