OCEAN'S KING LIGHTING(002724)2025-01-23 11:40Financial Performance - The company expects a net loss of between 115 million and 160 million yuan for the fiscal year 2024, compared to a profit of 43.67 million yuan in the same period last year[2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 157 million and 203 million yuan, compared to a loss of 14.86 million yuan in the previous year[2]. - Basic earnings per share are expected to be a loss of between 0.1491 yuan and 0.2074 yuan, compared to earnings of 0.0563 yuan per share last year[2]. Business Performance - The company's main business in professional lighting has achieved revenue and profit growth of no less than 20% compared to the previous year[4]. - The decline in revenue and operating losses in the construction engineering business of the subsidiary, Shenzhen Mingzhihui Smart Technology Co., Ltd., is attributed to the downturn in the real estate market and tight local fiscal conditions[5]. - The company emphasizes a cautious operational strategy in its construction engineering business, selectively undertaking projects[5]. - The company is committed to focusing on its core business and enhancing its competitiveness through professional lighting solutions and services[4]. Impairment and Caution - The company plans to recognize an impairment loss of approximately 100 million yuan for goodwill, subject to final assessment by qualified evaluation and auditing institutions[5]. - The financial data provided is preliminary and has not been audited by an accounting firm, with detailed financial information to be disclosed in the 2024 annual report[6]. - Investors are advised to exercise caution and be aware of investment risks due to the preliminary nature of the earnings forecast[6].