GSAFETY(SZ:300523)2025-01-26 07:35Financial Performance - The company expects a net profit loss of between RMB 295 million and RMB 355 million for the fiscal year 2024, compared to a profit of RMB 79.64 million in the same period last year[2] - The net profit after deducting non-recurring gains and losses is expected to be a loss between RMB 304.5 million and RMB 364.5 million, down from a profit of RMB 72.37 million year-on-year[2] - Non-recurring gains and losses are expected to impact the net profit attributable to shareholders by approximately RMB 9.5 million[5] Operational Performance - The company signed contracts worth nearly 40% more than the previous year, indicating a significant improvement in cash flow from operating activities[4] - The decline in revenue and gross margin is attributed to insufficient backlog contracts at the beginning of 2024, delays in project completions, and market conditions[4] Strategic Focus - The company plans to continue leveraging synergies with China Telecom and focus on national strategic needs in 2025[4]