Tatfook Technology(SZ:300134)2025-01-17 12:26Financial Performance - The estimated net loss attributable to shareholders for the fiscal year 2024 is projected to be between 360 million and 458 million CNY, compared to a loss of 170.32 million CNY in the same period last year [3]. - The estimated net loss after deducting non-recurring gains and losses is projected to be between 400 million and 498 million CNY, compared to a loss of 187.11 million CNY in the same period last year [3]. - The decline in operating performance is primarily due to reduced capital expenditures from operators, leading to a decrease in client demand and a decline in gross margin for the communication business compared to the previous year [7]. - Management expenses have significantly increased compared to the same period last year, primarily due to the depreciation and amortization from the conversion of construction projects to fixed assets [7]. - The company has made impairment provisions of approximately 198 million CNY for inventory, fixed assets, long-term equity investments, and intangible assets, impacting current performance [7]. - Non-recurring gains and losses are expected to impact the net profit attributable to shareholders by approximately 40 million CNY [7]. - The financial data is preliminary and has not been audited by the accounting firm, with detailed financial information to be disclosed in the annual report [8]. Strategic Initiatives - The company plans to strengthen internal management and continue efforts to reduce costs and increase efficiency [7]. - There will be an increased focus on the development of new products and market expansion [7]. - The company aims to dispose of inefficient assets to enhance core competitiveness and profitability [7].