LMC(SZ:002921)2025-01-21 09:45Financial Performance Expectations - The company expects a net loss of between 32 million and 39 million yuan for the year 2024, a decline of 756.68% to 900.33% compared to a profit of 4.87 million yuan in the same period last year [4]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 31 million to 39 million yuan, representing a decrease of 755.58% to 976.37% from a loss of 362.33 thousand yuan in the previous year [4]. - Basic earnings per share are expected to be a loss of 0.2600 to 0.3169 yuan per share, compared to earnings of 0.04 yuan per share last year [4]. - The performance forecast is based on preliminary estimates by the finance department and has not yet been audited by the accounting firm [5]. - The company advises investors to make cautious decisions and be aware of investment risks as the specific financial data will be confirmed in the 2024 annual report [7]. - The performance forecast period is from January 1, 2024, to December 31, 2024 [4]. Operational Insights - The company has seen an increase in cash flow from operating activities, indicating overall stable and healthy development [6]. - The primary reason for the expected losses is the low sales and relatively high costs associated with new investment subsidiaries in Rizhao, Anhui, and Vietnam, which are in the early stages of operation [6]. - The company is implementing an internal optimization project aimed at improving production efficiency and reducing operational costs [6]. - The company has communicated with the accounting firm regarding the performance forecast and there are no significant discrepancies [5].