DIMA(SH:600565)2024-07-11 09:13Financial Performance Expectations - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -800 million and -1 billion RMB[2]. - The estimated net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -530 million and -730 million RMB[13]. - In the same period of 2023, the net profit attributable to shareholders was 44.93 million RMB, and the net profit excluding non-recurring gains and losses was 244.08 million RMB[16]. Reasons for Expected Loss - The main reason for the expected loss is the decrease in capitalized interest due to the gradual completion of existing real estate development projects, leading to an increase in interest expenses[6]. - The company is facing challenges due to declining sales and reduced cash inflows, resulting in increased penalties from deferred payments[17]. - The company has adjusted its accounting estimates for certain projects due to lower-than-expected sales prices, leading to provisions for inventory impairment[17]. Stock Performance and Risks - The company’s stock has been trading below 1 RMB per share for 20 consecutive trading days, triggering a potential delisting warning from the Shanghai Stock Exchange[7]. - Investors are advised to exercise caution and be aware of investment risks associated with the company's performance[17]. Profit Forecast Accuracy - The company has not identified any significant uncertainties that would materially affect the accuracy of this profit forecast[17]. - The financial data provided is preliminary and subject to change upon the official release of the 2024 semi-annual report[17].