Financial Performance - The company expects a net loss attributable to shareholders of between -2.5 billion and -2.8 billion yuan for the fiscal year 2016[3] - In the same period last year, the net profit attributable to shareholders was 61.84 million yuan[4] - The earnings per share for the previous year was 0.04 yuan[4] Market Conditions - The primary reason for the expected loss is the extremely depressed offshore engineering market, leading to significant asset impairment[5] - The shipbuilding market is facing severe operating conditions, with low transaction volumes and declining prices, resulting in anticipated losses on some orders[5] - The company has faced delays and cancellations in its offshore engineering orders, impacting its financial performance[5] Forecast and Advisory - The preliminary forecast data is subject to change and will be finalized in the audited annual report[7] - Investors are advised to be cautious regarding investment risks based on the preliminary earnings forecast[7] - The announcement was made by the board of directors on January 25, 2017[9]
中国船舶(600150) - 2016 Q4 - 年度业绩预告