DFSS(SH:603377)2025-01-17 10:30Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -790 million and -620 million RMB, indicating a loss [3]. - The expected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between -524 million and -354 million RMB [3]. - In the same period last year, the total profit was -329.29 million RMB, with a net profit attributable to shareholders of -361.73 million RMB [4]. Reasons for Expected Loss - The main reasons for the expected loss include a significant decline in revenue from the driving training and aviation business segments due to adverse market conditions [5]. - The company has recognized substantial impairment losses on long-term assets, receivables, and goodwill during the reporting period [5]. - The company has also made provisions for expected liabilities related to ongoing litigation, which will significantly impact the profit figures for 2024 [5]. Government Subsidy Impact - The company received a government subsidy of 276 million RMB in 2018, which has been fully amortized by 2021, affecting non-operating gains and losses [5]. Profit Forecast Uncertainties - As of the announcement date, the company has not identified any major uncertainties that could affect the accuracy of the profit forecast [7]. - The forecast data is preliminary and has not been audited by registered accountants, with final figures to be disclosed in the audited annual report [8].