XY BEARING(SZ:000678)2025-01-21 09:25Financial Performance - The company expects a net profit loss of -35 million yuan for the year 2024, an improvement from a loss of -53.72 million yuan in the previous year[2] - The net profit loss after deducting non-recurring gains and losses is projected to be -49 million yuan, compared to -73.46 million yuan in the same period last year[2] - Basic earnings per share are expected to be -0.08 yuan, an improvement from -0.12 yuan per share in the previous year[2] Operational Performance - The domestic operations have shown significant improvement, achieving profitability in the passenger car market and expanding in overseas markets, leading to a year-on-year increase in revenue[3] - The overseas subsidiary in Poland continues to face increased losses due to geopolitical factors, with high costs and declining efficiency[3] - The company has implemented measures to address the challenges at the Poland factory, including leadership changes and reform plans[3] Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm[4] - Detailed financial data will be disclosed in the full annual report for 2024[4] - Investors are advised to make cautious decisions and be aware of investment risks[4]