Feymer(SH:688350)2025-01-17 10:20Revenue Expectations - The company expects 2024 annual revenue to be between 1,484 million and 1,634 million RMB, a decrease of 9.52% to 0.37% compared to the previous year[3]. Profit Projections - The net profit attributable to the parent company is projected to be a loss of between -5.7 million and -3.8 million RMB, compared to a profit of 27.21 million RMB in 2023[3][5]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between -15.3 million and -10.9 million RMB[3]. Performance Decline Factors - The decline in performance is attributed to global economic slowdown, weak downstream demand, and intensified industry competition[7]. - The company faced challenges in expanding its chemical business and launching new products, leading to a decrease in sales prices[7]. - The acquisition of Suzhou Jingchang Technology Development Co., Ltd. resulted in a goodwill impairment due to losses from its controlled subsidiary[7]. - The company's membrane business development was below expectations due to reduced investment in water environment governance projects[7]. Financial Expenses - Financial expenses increased significantly due to interest expenses from convertible bonds issued in December 2022[7]. Financial Data and Risks - The financial data provided is preliminary and has not been audited by registered accountants[4][9]. - Investors are advised to pay attention to investment risks as the final audited financial data will be disclosed in the 2024 annual report[9].