FangDa Carbon(SH:600516)2025-01-23 08:20Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 143 million and 203 million yuan, representing a year-on-year decrease of 51.23% to 65.64%[1][2]. - The projected net profit attributable to shareholders after deducting non-recurring gains and losses is estimated to be between 28 million and 41 million yuan, reflecting a year-on-year decrease of 88.51% to 92.15%[1][2]. - The net profit for the previous year was 416.24 million yuan, with a net profit of 356.89 million yuan after deducting non-recurring gains and losses[5]. Factors Affecting Profit - The company attributes the profit decline primarily to reduced market demand in the steel industry and sustained low prices for graphite electrode products[7]. - Non-operating gains and losses are expected to impact the net profit by approximately 140 million yuan, mainly due to fair value changes and government subsidies[8]. Earnings Forecast Validity - The earnings forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants[3][9]. - The company emphasizes that there are no significant uncertainties affecting the accuracy of this earnings forecast[9]. - The data provided is preliminary and the final financial figures will be disclosed in the official 2024 annual report[10].