Hualan (SZ:301027)2025-01-24 09:46Financial Performance Expectations - The company expects a net profit attributable to shareholders of approximately 1,976.58 million RMB for the year 2024, compared to a loss of 1,200 million RMB to 2,350 million RMB in the previous year[4] - The net profit after deducting non-recurring gains and losses is projected to be around 1,387.52 million RMB, with a loss range of 1,600 million RMB to 3,150 million RMB for the same period last year[4] Revenue and Market Conditions - Revenue decline is attributed to changes in the industry environment and tight customer funding, leading to a slowdown in project undertakings and implementation[6] Credit and Asset Impairment - Increased credit and asset impairment losses are expected due to lower-than-expected sales collections, resulting in higher provisions for credit impairment and contract asset impairment losses[7] Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm, with detailed financial results to be disclosed in the 2024 annual report[5][8]