Nutrichem(BJ:833819)2025-01-17 13:35Financial Performance - The company's net profit for the fiscal year 2024 is projected to be between -60,000.00 and -50,000.00 thousand yuan, a significant decrease from 9,568.35 thousand yuan in the previous year, representing a change of -727.07% to -622.56%[5] - The decline in performance is attributed to slow recovery in customer demand and oversupply in the market, leading to intensified competition and continuous price drops in the agricultural chemical industry[6] - The company's gross profit margin has been consistently declining due to weak demand and low-price competition, adversely affecting overall profitability[6] - Impairment provisions were made for certain asset groups due to ongoing price declines, further impacting net profit[6] - The company experienced a substantial decrease in investment income attributable to its main associates, which were also affected by the downturn in the agricultural chemical sector[6] Caution for Investors - The performance forecast is based on preliminary calculations and has not been audited by an accounting firm, thus investors are advised to exercise caution[7]