Financial Projections - The estimated net profit for 2024 is projected to be between 80 million and 120 million CNY, a significant recovery from a loss of 474 million CNY in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 50 million and 70 million CNY, compared to a loss of 428 million CNY last year[3]. - Basic earnings per share are projected to be between 0.19 CNY and 0.23 CNY, recovering from a loss of 1.02 CNY per share in the previous year[3]. - The company's net profit is expected to increase by approximately 580 million CNY year-on-year, driven by rising sales and gross margin improvements[5]. Sales and Demand - Sales growth is attributed to the recovery in demand following the U.S. interest rate cuts and increased procurement by retailers and wholesalers after inventory adjustments[5]. Cost Management - The company has implemented comprehensive cost reduction measures, resulting in a significant decrease in expense ratios compared to 2023[5]. Financial Data Caution - The financial data in the earnings forecast is preliminary and has not been audited by registered accountants, with final figures to be disclosed in the 2024 annual report[4]. - The company emphasizes the importance of cautious decision-making for investors due to the preliminary nature of the financial data[6].
格力博(301260) - 2024 Q4 - 年度业绩预告