PANDA FINANCIAL(SH:600599)2025-01-22 10:25Financial Performance Forecast - The company expects a net profit attributable to shareholders of between 30 million and 45 million yuan for the year 2024, indicating a turnaround from a loss in the previous year[3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between 21 million and 36 million yuan for 2024, also showing profitability compared to the previous year[3]. - In the same period last year, the company reported a net loss of 212.36 million yuan attributable to shareholders[5]. Revenue and Sales Growth - The company achieved significant growth in fireworks sales revenue, contributing to an approximate increase of 100 million yuan in operating income[7]. Asset Management and Provisions - The company had previously made substantial impairment provisions for small loan-related debts, which stabilized the value of its main assets for 2024[7]. - The remaining balance of the company's small loan business is 328.1 million yuan, with a credit impairment provision of 229.67 million yuan made in 2023[8]. Profit Forecast and Audit - The company emphasizes that the profit forecast is based on preliminary calculations and has not been audited by the annual audit accountant[8]. - Investors are advised to refer to the officially disclosed audited financial data in the 2024 annual report for accurate figures[9]. Uncertainties in Debt Disposal - The company warns that the execution results of the disposal plan for the remaining loan debts carry uncertainties[8]. Announcement Details - The announcement was made by the board of directors on January 23, 2025[11].