卧龙地产(600173) - 2024 Q4 - 年度业绩预告

Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 40 million and 50 million CNY, a decrease of 11.44 million to 12.44 million CNY compared to the previous year, representing a decline of 69.59% to 75.67%[3] - The expected net profit after deducting non-recurring gains and losses for 2024 is projected to be between 42 million and 52 million CNY, down by 11.11 million to 12.11 million CNY year-on-year, reflecting a decrease of 68.12% to 74.25%[4] - The total profit for the previous year was 239.23 million CNY, with a net profit attributable to shareholders of 164.41 million CNY[5] - The performance forecast is based on preliminary calculations by the finance department and has not been audited by certified public accountants[7] - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the 2024 annual report[8] Operational Strategy - The increase in inventory impairment provisions is attributed to the overall real estate market conditions and the assessment of the net realizable value of real estate inventory[6] - The company plans to enhance property sales and improve operational management to achieve sustainable development in the future[6] - The company will recognize an increase in land value-added tax, leading to higher operating taxes and additional charges compared to the previous year[6] - The company’s joint venture, Guangzhou Junhai Network Technology Co., has improved profitability through organizational streamlining and enhanced long-term operational capabilities[6]