CTM(SH:600711)2025-01-22 09:35Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 1,850 million and 2,150 million RMB, representing a growth of 598.92% to 712.26% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 1,708 million and 2,008 million RMB, indicating a growth of 537.08% to 649.00% year-on-year[4] - The previous year's net profit attributable to shareholders was 264.69 million RMB, and the net profit after deducting non-recurring gains and losses was 268.06 million RMB[5] Factors Contributing to Profit Increase - The significant profit increase is primarily due to a substantial rise in copper production, with an expected year-on-year increase of over 70%[7] - The international LME copper price reached a historical high of 11,104.5 USD/ton in May 2024, up approximately 36% from the low of 8,127 USD/ton at the beginning of the year[7] - The company has implemented continuous quality improvement and efficiency enhancement measures, resulting in a decrease in controllable costs and improved management levels[7] Financial Data Disclosure - The performance forecast is based on preliminary calculations by the finance department and has not yet been audited by the annual auditing firm[8] - The company emphasizes that the forecast data is preliminary and the final financial data will be disclosed in the official 2024 annual report[9]