KAN(002012)2025-01-20 11:00Financial Performance - The estimated net profit for 2024 is projected to be between 4.5 million and 6.5 million CNY, representing a decline of 90.52% to 86.31% compared to the previous year's net profit of 47.47 million CNY[2] - The net profit after deducting non-recurring gains and losses is expected to be between 12 million and 16 million CNY, indicating a turnaround from a loss of 6.84 million CNY in the previous year[2] - Basic earnings per share are projected to be 0.01 CNY, down from 0.10 CNY in the previous year[2] Factors Affecting Performance - The decline in performance is attributed to a different scope of consolidation, with the current period only including Kai Feng New Materials, while the previous year included multiple subsidiaries[5] - The previous year's net profit was significantly boosted by non-recurring gains of 54.31 million CNY from the disposal of subsidiary equity, leading to a high base for comparison[5] Cautionary Notes - The financial data presented is a preliminary estimate and has not been audited by registered accountants, urging investors to exercise caution[6]