ADAMA(SZ:000553)2024-07-11 11:05Financial Performance Forecast - The company expects a net loss of between 566 million yuan and 992 million yuan for the first half of 2024, compared to a net loss of 242 million yuan in the same period last year [2]. - The expected net loss after deducting non-recurring gains and losses is projected to be between 618 million yuan and 1.044 billion yuan, compared to a loss of 305 million yuan in the previous year [2]. - The basic earnings per share are anticipated to be between -0.2430 yuan and -0.4259 yuan, compared to -0.1039 yuan per share in the same period last year [2]. - The company forecasts a sales decline of approximately 14% in yuan and 16% in USD for the first half of 2024 compared to the same period in 2023, attributed to decreased demand affecting both sales volume and prices [10]. - EBITDA and its profit margin are expected to decline year-on-year for the first half of 2024, although the gross profit margin is projected to improve due to positive impacts from newly acquired inventory at market prices [15]. - Financial expenses are expected to decrease year-on-year, but the reduction in operating profit will lead to an expanded loss [5]. Transformation and Strategic Measures - The company has initiated a transformation plan at the beginning of 2024, implementing several measures aimed at improving business quality [15]. - The preliminary financial data is subject to adjustments and analysis before the official report is released on August 29, 2024 [11]. - The company emphasizes the importance of investor attention and risk awareness regarding the financial forecast [6]. - The performance forecast is based on preliminary estimates and has not been audited or reviewed by independent auditors [9].