Hainan Jingliang (SZ:000505)2025-01-22 08:30Financial Performance Forecast - The estimated net profit attributable to shareholders for 2024 is projected to be between 16.5 million and 24.5 million yuan, representing a decline of 76% to 84% compared to the previous year's profit of 102.35 million yuan[3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 15 million and 22 million yuan, a decrease of 73% to 82% from the previous year's profit of 82.68 million yuan[3]. - The basic earnings per share is projected to be between 0.0227 yuan and 0.0337 yuan, down from 0.14 yuan per share in the previous year[3]. - The performance forecast is a preliminary estimate, and the specific financial data will be confirmed in the 2024 annual report[7]. Factors Affecting Performance - The decline in performance is primarily attributed to the oil segment facing oversupply, leading to decreased product prices and increased processing costs, as well as reduced sales volume due to intense competition[5]. - The food segment is also impacted by market competition and a downturn in traditional channels, resulting in decreased sales volume and reduced gross profit[6]. Financial Reporting and Audit - The financial data in the performance forecast has not been audited by registered accountants, and the company has communicated with the auditing firm regarding the performance forecast without any discrepancies[4]. - The company has made provisions for impairment losses on relevant assets and estimated liabilities for potential losses from pending litigation to accurately reflect its financial status[6]. Investor Advisory - Investors are advised to make cautious decisions and be aware of investment risks based on the preliminary nature of the performance forecast[7]. - The announcement was made by the Board of Directors of Jiang Grain Holdings Co., Ltd. on January 23, 2025[9].