SMIC(SH:600810)2024-07-12 08:07Financial Performance - The company expects to achieve a net profit attributable to shareholders of approximately 48.42 million yuan for the first half of 2024, marking a turnaround from a loss in the same period last year [10]. - The net profit attributable to shareholders, after deducting non-recurring gains and losses, is estimated to be around 47.84 million yuan for the first half of 2024 [13]. - The company reported a net loss of 34.91 million yuan attributable to shareholders in the previous year, with a net loss of 42.03 million yuan after deducting non-recurring gains and losses [5]. Factors Influencing Profit - The increase in profit is attributed to rising prices of main products, such as nylon 66 and nylon 6 chips, and improved cost efficiency from the hydrogen chemical company's production [14]. - The investment income from joint ventures has also increased compared to the same period last year [14]. Data Reliability and Forecast - The financial data provided is preliminary and subject to change, with the final figures to be disclosed in the official half-year report [7]. - The company emphasizes the importance of investor awareness regarding potential investment risks associated with the preliminary data [7]. - The performance forecast period covers January 1, 2024, to June 30, 2024 [11]. - The company has not identified any significant uncertainties that could affect the accuracy of the performance forecast [15]. - The board of directors guarantees the truthfulness, accuracy, and completeness of the announcement content [9].