Neoway(SH:688159)2024-07-15 11:18Financial Performance Forecast - The company expects to achieve operating revenue of between 1.6 billion and 1.8 billion CNY for the first half of 2024[3] - The net profit attributable to the parent company is projected to be between 80 million and 96 million CNY, marking a turnaround from a loss in the same period last year[3] - The net profit attributable to the parent company after deducting non-recurring gains and losses is estimated to be between 75 million and 90 million CNY[3] - In the same period last year, the company reported operating revenue of 419 million CNY and a net loss of 44.48 million CNY[6] Factors Influencing Performance - The significant improvement in performance is attributed to the growth in revenue from IoT wireless communication products and cloud products, despite fluctuations in gross margin[7] - The company has reduced its expense ratio, contributing to the expected increase in net profit[7] Preliminary Nature of Forecast - The performance forecast is based on preliminary calculations by the finance department and has not been audited by registered accountants[4] - The company is still in the process of completing employee performance assessments and further verifying asset impairment provisions, which may affect net profit[8] - The forecast data is preliminary and the final financial figures will be disclosed in the official half-year report[9] - Investors are advised to pay attention to investment risks related to the preliminary nature of the forecast[9]