Wangfujing(SH:600859)2025-01-17 10:10Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 260 million and 350 million yuan, a decrease of 359.38 million to 449.38 million yuan compared to the previous year, representing a decline of 51% to 63%[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 250 million and 340 million yuan, a decrease of 295.98 million to 385.98 million yuan year-on-year[3]. - The previous year's net profit attributable to shareholders was 709.38 million yuan, and the net profit after deducting non-recurring gains and losses was 635.98 million yuan[4]. - There are no significant uncertainties affecting the accuracy of this performance forecast[8]. - The forecast data is preliminary and subject to change based on the audited annual report to be released later[9]. Business Strategy and Operations - The decline in performance is primarily due to changes in the terminal consumption market affecting the retail industry, as well as the company being in a critical period of business iteration and new business development[6]. - The company opened 4 new shopping center stores while closing some long-term loss-making stores, indicating a strategic adjustment in business operations[6]. - In 2025, the company plans to respond to national policies to boost consumption and expand domestic demand, focusing on "accelerating transformation, controlling costs, and improving operational quality"[7]. - The company aims to enhance the performance of its outlet business, optimize the development model of shopping centers, and accelerate the preparation of new duty-free stores[7]. - The company emphasizes cost reduction and efficiency improvement to lay a foundation for high-quality future development[7].