HYC(SH:688001)2025-01-17 10:20Financial Performance - The company expects a net loss attributable to shareholders of approximately -480 million yuan for the fiscal year 2024, compared to a net profit of 239.67 million yuan in the same period last year[3]. - The projected net profit attributable to shareholders after deducting non-recurring gains and losses is approximately -520 million yuan for 2024[3]. - The total profit for the previous year was 244.25 million yuan, with a net profit attributable to shareholders of 239.67 million yuan and a net profit after deducting non-recurring gains and losses of 191.60 million yuan[4]. Revenue and Costs - The company anticipates an increase in operating revenue for 2024, despite the expected net profit not meeting expectations due to asset impairment signs[6]. - Operating costs are expected to rise due to increased personnel numbers, higher raw material costs, and depreciation from new assets still ramping up production[6]. Market Challenges - The company is facing challenges from a sluggish macroeconomic recovery and intensified market competition, leading to price reductions for some products and a decline in gross profit margin[5]. Future Plans - The company plans to enhance market expansion and new product development efforts in 2025, focusing on cost reduction and efficiency improvement measures[8]. - The company has not identified any significant uncertainties that could affect the accuracy of the earnings forecast as of the announcement date[7].