XGIMI(SH:688696)2024-07-26 08:31Financial Performance - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be 3.6731 million yuan, a decrease of 89.0543 million yuan or 96.04% compared to the same period last year[2]. - The net profit attributable to shareholders of the parent company for the same period last year was 92.7273 million yuan[3]. - The net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be -15.2683 million yuan, a decrease of 73.7865 million yuan or 126.09% year-on-year[13]. - The company's gross profit margin has decreased due to inventory clearance of older products, impacting net profit[7]. - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants[5]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and the accurate financial data will be disclosed in the official half-year report[17]. Product Development and Strategy - The company launched new products including the portable projector Play 5 priced under 2,000 yuan and the RS 10 series of eye-protecting three-color laser projectors to enhance product competitiveness[6]. - The company plans to optimize resource allocation and improve revenue structure and gross margin by launching more differentiated and competitive products in both domestic and overseas markets[7]. Sales and Market Expansion - The company is expanding its sales channels and implementing a global branding strategy, resulting in increased overseas revenue during the reporting period[6]. - The overall revenue scale for the first half of 2024 is expected to be roughly flat year-on-year, despite weak domestic demand[15].