鞍钢股份(000898) - 2024 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss of approximately RMB 7,109 million for the fiscal year 2024, representing a decline of about 118.47% compared to the same period last year[3] - The net profit attributable to shareholders is projected to be a loss of RMB 3,254 million, which is a decrease of approximately 118.47% year-on-year[3] - The basic earnings per share is expected to be a loss of approximately RMB 0.758, compared to a loss of RMB 0.347 in the previous year[3] - The financial data presented is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the 2024 annual report[5] Industry Challenges - The steel industry is facing a downturn, with continuous declines in steel prices and high mineral prices, leading to overall losses in the steel sector[4] Mitigation Strategies - The company is implementing measures to mitigate losses, including strategic procurement, enhancing sales efficiency, and cost reduction initiatives[4] - The company is focusing on expanding exports and improving operational efficiency to counteract market pressures[4] - The company emphasizes strict cost control measures to reduce losses amid a challenging market environment[4] Compliance and Reporting - The company has adjusted its subsidiary's capital contribution method, which has implications for its financial reporting[3] - The company will continue to comply with legal regulations for timely information disclosure to investors[5]