珠江股份(600684) - 2025 Q2 - 季度业绩预告(更正)

Current Period Performance Forecast The company anticipates a turnaround to profitability in the first half of 2025, with net profit attributable to shareholders projected between RMB 15.5 million and RMB 22.5 million, and non-recurring net profit between RMB 7 million and RMB 10.5 million, based on unaudited preliminary estimates Current Period Performance Forecast | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Performance Forecast Period | January 1, 2025 to June 30, 2025 | | Net Profit Attributable to Shareholders | RMB 15.5 million to RMB 22.5 million | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | RMB 7 million to RMB 10.5 million | - The company explicitly states that this performance forecast is based on preliminary calculations and has not been audited by an accounting firm[2] Prior Period Performance Review In the first half of 2024, the company reported a net loss attributable to shareholders of RMB 6.2359 million, while net profit excluding non-recurring items was RMB 22.2589 million, indicating core business profitability 2024 H1 Actual Performance | Indicator | 2024 H1 Actual Amount (RMB) | | :--- | :--- | | Total Profit | RMB 2.7370 million | | Net Profit Attributable to Shareholders | -RMB 6.2359 million | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | RMB 22.2589 million | | Earnings Per Share | -RMB 0.01 | Analysis of Performance Change The turnaround to profitability is primarily driven by changes in non-recurring gains and losses, specifically the fair value increase of equity investments due to the A-share market recovery in H1 2025, contrasting with prior period losses from market decline, while core business profitability (non-recurring net profit) has declined year-over-year - The primary reason for the turnaround to profitability is the change in fair value of the company's equity investments, with gains from A-share market recovery in H1 2025 contrasting with losses from market decline in the prior period[5] Performance Comparison | Indicator | 2025 H1 (Estimated) | 2024 H1 (Actual) | Key Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent | RMB 15.5-22.5 million | -RMB 6.2359 million | Turnaround to Profit (Impacted by non-recurring items) | | Net Profit Attributable to Parent Excluding Non-Recurring Items | RMB 7-10.5 million | RMB 22.2589 million | Year-over-Year Decline (Core business profitability weakened) | Risk Warning The company advises investors that the disclosed performance data are preliminary and unaudited, subject to potential differences from the final financial figures in the official 2025 semi-annual report, urging caution regarding investment risks - The announcement emphasizes that the forecast data are preliminary, and the final accurate financial figures will be based on the company's officially disclosed 2025 semi-annual report[6]