ZHONGSHENG GAOKE(SZ:002778)2025-01-20 09:40Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 155 million and 200 million yuan for the year 2024, compared to a loss of 154.62 million yuan in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss between 163 million and 208 million yuan, compared to a loss of 153.05 million yuan in the previous year[3]. - Basic earnings per share are expected to be a loss between 1.24 yuan and 1.60 yuan per share, consistent with the previous year's loss of 1.24 yuan per share[3]. Operational Challenges - The decline in orders for the subsidiary Suzhou Zhongsheng Environmental Restoration Co., Ltd. has led to reduced environmental revenue and decreased operating profit[5]. - Increased market competition in the lubricating oil business has resulted in a decline in operating profit, with the impact still reflected in the 2024 financial report despite a major asset restructuring completed in January 2025[5]. Asset Impairment and Financial Reporting - The company has made a provision for asset impairment totaling 114.67 million yuan, which is expected to reduce the net profit attributable to shareholders by 104.44 million yuan for 2024[6]. - The financial data presented is a preliminary estimate by the company's finance department and has not been audited[7].