CHIXIA DEVELOPMENT(SH:600533)2025-01-24 08:25Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be approximately between -800 million and -950 million CNY[4] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is projected to be between -830 million and -980 million CNY[4] - In the same period last year, the net profit attributable to shareholders was -134.39 million CNY[6] - The company reported a total profit of -102.72 million CNY in the previous year[6] Sales and Market Conditions - The decrease in sales revenue is attributed to the deep adjustment of the real estate market and projects not yet completed for delivery[8] Inventory and Impairment - The company has made provisions for inventory impairment due to certain projects having a net realizable value lower than their cost[8] Impact of Investments - The expected loss from the company's holding in Palm Eco-Town Development Co., Ltd. is estimated to impact the 2024 net profit by -116.8 million to -155.8 million CNY[8] Forecast and Risks - The company emphasizes that the forecast data is preliminary and subject to change upon the official annual report release[10] - There are no significant uncertainties affecting the accuracy of this earnings forecast as of the announcement date[9] - The company urges investors to pay attention to investment risks related to the preliminary data provided[10]