Financial Performance - The net profit attributable to shareholders for 2017 is approximately 280 million yuan, representing a year-on-year increase of about 180.6% compared to 99.78 million yuan in the previous year[3]. - The basic earnings per share for 2017 is estimated at approximately 0.3181 yuan, up from 0.1134 yuan in the previous year[5]. - The company expects non-recurring gains and losses for 2017 to be around 30 million yuan, a decrease of 17.44 million yuan from 204.38 million yuan in the previous year[6]. - The increase in performance is primarily attributed to the positive impact of supply-side structural reforms in the cement industry and increased demand driven by fixed asset investments in Xinjiang[5]. - The company’s cement sales volume and prices have increased compared to the previous year, contributing to the rise in net profit[5]. Company Actions and Plans - The company plans to make impairment provisions for some production lines due to the impact of overcapacity in the cement industry[6]. - The total number of shares after the non-public offering on December 14, 2017, increased to 1,048,722,959 shares from 880,101,259 shares[3]. Investor Guidance - The performance forecast has not been audited by a registered accountant[4]. - The company advises investors to make rational investments and be aware of risks[7]. - The specific financial data will be detailed in the official 2017 annual report[7].
天山股份(000877) - 2017 Q4 - 年度业绩预告