Yuancheng(SH:603388)2025-01-17 10:55Financial Performance Forecast - The company expects a total profit of -200 million to -320 million for the fiscal year 2024, with a net profit attributable to shareholders of -200 million to -320 million[3]. - The net profit after deducting non-recurring gains and losses is projected to be -170 million to -280 million[3]. - Estimated operating revenue for 2024 is between 110 million and 150 million, significantly below the 300 million threshold[3]. - The operating revenue after excluding unrelated business income is expected to be between 107 million and 147 million[3]. - In the same period last year, the company reported a total profit of -185.87 million and a net profit of -161.75 million[6]. - The performance forecast has not been audited by a registered accountant, and the company emphasizes the preliminary nature of the data[9]. Business Strategy and Market Conditions - The company plans to gradually exit the northern market and reduce PPP business, leading to a decrease in new orders and operating revenue[6]. - Impairment provisions for goodwill were made due to underperformance of acquired entities, impacting net profit[6]. - The company experienced delays in project funding and customer payments, resulting in increased credit impairment losses compared to last year[6]. - The company has not identified any other significant factors affecting the performance forecast[7].