BBMG(SH:601992)2025-01-23 11:15Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between -300 million and -600 million yuan, indicating a loss compared to the previous year [4]. - The estimated net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -2.8 billion and -3.1 billion yuan for 2024 [4]. - In the previous year, the net profit attributable to shareholders was 25.26 million yuan, and the net profit excluding non-recurring gains and losses was -2.02821 billion yuan [5]. Sales and Market Conditions - The company's cement and clinker sales volume for the reporting period was approximately 84.4 million tons, a decrease of about 9.5% year-on-year [8]. - The real estate project turnover area was approximately 1.104 million square meters, a decrease of about 5.3% year-on-year [8]. - The decline in performance is attributed to oversupply in the cement industry, weak overall market demand, and intensified competition, leading to lower average selling prices and sales volumes [7]. Operational Adjustments - The company has implemented various cost reduction and efficiency enhancement measures, resulting in improved operating profits in the cement business [7]. - The real estate market is still in a deep adjustment period, with project sales prices not meeting expectations, affecting the operating profit margin of the real estate business [7]. Financial Reporting and Investor Guidance - The financial data provided is preliminary and subject to change, with the final figures to be disclosed in the official 2024 annual report [8]. - Investors are advised to be cautious regarding investment risks based on the preliminary forecasts [8].