GSDC(SH:603458)2025-01-17 10:20Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between -245 million and -318 million RMB, indicating a loss compared to 2023 [2]. - The net profit excluding non-recurring gains and losses for 2024 is also projected to be between -245 million and -318 million RMB, reflecting a decline from the previous year [3]. - In 2023, the total profit was 57.86 million RMB, with a net profit attributable to shareholders of 56.59 million RMB [4]. - The earnings per share for 2023 was 0.18 RMB [4]. Reasons for Expected Loss - The primary reasons for the expected loss in 2024 include fewer new infrastructure projects due to macroeconomic and market demand changes [5]. - Increased market competition has made it more difficult for the company to secure projects, leading to a decline in main business revenue [6]. - The gross profit margin of the main business has decreased due to intensified market competition [6]. - The aging and structure of accounts receivable have worsened, with slow recovery of large receivables leading to significant impairment losses [6]. Forecast and Investment Risks - The performance forecast is based on preliminary calculations and has not yet been audited by external accountants [7]. - Investors are advised to pay attention to investment risks as the final data will be based on the audited annual report [8].