CSICL(601989)2016-01-21 16:00Financial Performance - The company expects a net loss attributable to shareholders of between -2.5 billion to -2.8 billion CNY for the fiscal year 2015[3] - In the same period last year, the net profit attributable to shareholders was 2.123 billion CNY, with a basic earnings per share of 0.12 CNY[4] - The overall gross margin of the company's various business segments has significantly decreased, leading to a substantial reduction in operating profits[6] Market Conditions - The decline in performance is primarily due to a severe operating environment in the global shipbuilding industry, with low new ship market transactions and declining prices[5] - The marine engineering segment faced increased operational pressure and reduced profitability due to falling international oil prices and decreased offshore oil and gas development[6] Asset Management - The company has recognized significant asset impairment provisions in accordance with accounting standards, which has substantially reduced profits[6] - The company acquired 70% of Qingdao Haixi Marine Diesel Engine Technology Co., Ltd. during the reporting period, impacting financial results[4] Investment Risks - The company warns investors to pay attention to investment risks as the data provided is preliminary and subject to change upon the release of the audited annual report[7]