Chiway(SZ:002374)2025-01-21 09:10Financial Performance - The company expects a net loss of between 200 million and 230 million CNY for the fiscal year 2024, compared to a net loss of 160.7 million CNY in the same period last year[4] - Revenue is projected to be between 630 million and 650 million CNY, down from 710.7 million CNY year-over-year[4] - The company anticipates a basic loss per share of between 0.18 CNY and 0.21 CNY, compared to a loss of 0.15 CNY per share in the previous year[4] Business Challenges - The primary reason for the expected loss is the decline in the landscaping business, with impairment losses on receivables estimated at approximately 180 million to 200 million CNY[6] - Revenue from landscaping projects has decreased by 20 million to 30 million CNY due to the completion of construction work[7] Debt Resolution Efforts - The company is actively seeking support for debt resolution policies, particularly in the Sichuan region, which has shown some success in recovering receivables[7] - The company aims to improve its financial health by focusing on debt resolution breakthroughs in the Guizhou region[7] Financial Reporting - The financial data presented is preliminary and has not been audited, with detailed disclosures expected in the 2024 annual report[8]