SFX(SH:600370)2025-01-17 11:50Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -450 million and -530 million yuan, representing an increase in losses of 63.66% to 92.76% compared to the previous year[4]. - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -462 million and -542 million yuan[5]. - The previous year's net profit attributable to shareholders was -274.96 million yuan, with a net profit of -264.28 million yuan after deducting non-recurring gains and losses[6]. - The basic earnings per share for the previous year was -0.0706 yuan[7]. Reasons for Performance Decline - The main reasons for the performance decline include industry factors, rapid new capacity in the polyester industry chain, and intensified market competition leading to decreased sales prices and profit margins[8]. - Interest expenses have increased compared to the previous year, contributing to the overall expanded losses[8]. Forecast Accuracy and Risks - The performance forecast is based on preliminary calculations by the finance department and has not been audited by a registered accountant[9]. - There are no significant uncertainties affecting the accuracy of this performance forecast[8]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[9]. Official Announcement - The official announcement was made by the company's board of directors on January 18, 2025[11].