华友钴业(603799) - 2015 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss attributable to shareholders between -180 million to -250 million yuan for the year 2015[4] - The net profit for the same period last year was 145.38 million yuan, with earnings per share of 0.33 yuan[5] Reasons for Loss - The primary reason for the expected loss is the significant decline in the gross margin of copper and nickel products due to falling prices[6] - In the fourth quarter, the prices of cobalt products also dropped rapidly, further reducing the company's product gross margin[6] - The company experienced substantial inventory write-downs due to the price declines of cobalt, nickel, and copper[6] Financial Challenges - The actual funds raised were significantly lower than the investment in projects, leading to a substantial increase in liabilities and financial expenses[6] - The company warns investors to pay attention to investment risks as the data provided is preliminary and subject to change[8]