TELLHOW(SH:600590)2025-01-17 10:10Financial Performance Forecast - The company expects a net profit attributable to shareholders of approximately -950 million yuan for the year 2024, indicating a loss compared to the previous year [2]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be around -900 million yuan for 2024 [3]. - In the previous year, the total profit was 186.06 million yuan, with a net profit attributable to shareholders of 56.24 million yuan [4]. Factors Affecting Performance - The decline in performance is primarily due to delays in project progress and payment settlements in the military equipment sector, leading to a decrease in revenue and net profit [6]. - The subsidiary Shanghai Hongsheng System Engineering Co., Ltd. has experienced a decline in profitability due to intensified industry competition, prompting the company to prepare for goodwill impairment [6]. Strategic Plans - The company plans to strengthen contract acquisition, performance delivery, and payment collection to improve competitiveness in the military sector [6]. - The company has disposed of non-core assets and cleaned up existing businesses, which significantly impacted profits during the reporting period but will not affect future performance [6]. Financial Reporting and Audit - The performance forecast has not been audited, and there are no significant uncertainties affecting the accuracy of the forecast [6]. - The data provided is preliminary and the final financial figures will be disclosed in the official 2024 annual report [7].