TSC(SZ:000877)2025-01-16 11:15Financial Performance Forecast - The company expects a net profit loss of between 400 million and 800 million CNY for the year 2024, compared to a profit of 1,965.14 million CNY in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 1,800 million and 2,300 million CNY, compared to a profit of 584.97 million CNY last year [3]. - Basic earnings per share are expected to be a loss of between 0.0499 CNY and 0.0998 CNY, down from earnings of 0.2268 CNY per share in the previous year [3]. - This performance forecast is a preliminary estimate by the company's finance department, with detailed financial data to be disclosed in the 2024 annual report [8]. Cost Control and Market Conditions - The company has actively strengthened cost control, with a decrease in prices of key raw materials like coal, leading to lower costs for cement clinker [5]. - However, the company faces significant challenges due to a sharp decline in market demand, resulting in a substantial drop in both sales prices and volumes of cement clinker [5]. - The gross margin for cement clinker has decreased year-on-year due to the aforementioned market conditions [5]. - The gross margin for ready-mixed concrete has also declined, as the reduction in unit costs was less than the decrease in unit selling prices [5]. Communication and Investor Advisory - The company has communicated with its auditing firm regarding the performance forecast, and there are no discrepancies noted [4]. - The company advises investors to make rational investment decisions and be aware of risks [8].