Chiway(SZ:002374)2024-07-12 13:31Financial Performance - The estimated net profit for the first half of 2024 is expected to be a loss of between 55 million and 65 million yuan, compared to a loss of 26.7 million yuan in the same period last year[3]. - The basic earnings per share are projected to be a loss of between 0.0507 yuan and 0.0599 yuan, compared to a loss of 0.02 yuan per share in the previous year[3]. - The company has recognized impairment losses on receivables and contract assets related to its landscaping projects, amounting to 50 million to 55 million yuan, contributing to the overall loss[5]. Revenue and Business Segments - The revenue from the packaging technology business exceeded 300 million yuan, representing a nearly 10% increase year-on-year, indicating stable growth in this segment[5]. - The landscaping business has concluded, and its revenue contribution to overall income is minimal, leading to a focus on improving financial health through receivable recovery strategies[5][6]. Strategic Plans - The company plans to continue expanding its market presence and enhancing core competitiveness while pursuing cost reduction and efficiency improvements[5]. - The financial data presented is preliminary and has not been audited, with detailed figures to be disclosed in the 2024 semi-annual report[7].