TAM(603789)2025-01-23 09:25Financial Performance Expectations - The company expects a total profit loss for 2024 between -180 million and -120 million CNY [4]. - The projected net profit attributable to the parent company is expected to be between -170 million and -110 million CNY [6]. - The expected operating revenue for 2024 is estimated to be between 265 million and 305 million CNY, with core operating revenue (excluding unrelated business income) between 250 million and 290 million CNY [5]. - The previous year's total profit was -54.16 million CNY, with a net profit attributable to the parent company of -55.79 million CNY [7]. Factors Affecting Sales - The decline in sales is attributed to external factors such as low grain prices, industry homogenization, and market competition [8]. - The company anticipates a reduction in net profit by approximately 4 million CNY due to cautious revenue recognition related to sales of cotton pickers [8]. - An estimated impact of 20 million CNY on net profit is expected from provisions for bad debts and asset impairments [8]. - Non-recurring gains and losses are projected to decrease the net profit attributable to the parent company by about 30 million CNY [8]. Risks and Compliance - The company warns of potential delisting risk if the audited financials show a negative profit and revenue below 300 million CNY [10]. - The financial data provided is preliminary and subject to confirmation by registered accountants in the annual report [11].