Financial Performance - The company expects a net loss for the reporting period between CNY -35 million to -45 million, compared to a profit of CNY 13.0164 million in the same period last year [4]. - The decline in performance is attributed to the downturn in the real estate industry, leading to increased competition and difficulty in cost transfer, resulting in lower product prices and profit margins [5]. Operational Changes - The subsidiary Wuhu Shibibai New Materials Co., Ltd. has commenced operations, leading to significant fixed asset investments and increased depreciation and amortization costs, which negatively impacted profits despite generating sales revenue [6]. - The total number of employees increased from 499 at the end of last year to 794, contributing to a rise in overall expenses and an increase in unit product costs, further decreasing the overall gross profit margin [6]. Caution for Investors - The financial data presented is preliminary and unaudited, and investors are advised to exercise caution and consider the risks before making investment decisions [7].
拾比佰(831768) - 2023 Q4 - 年度业绩预告