桂林旅游(000978) - 2025 Q2 - 季度业绩预告

Performance Forecast Overview The company anticipates turning a profit in H1 2025 with net income of approximately 8 million yuan, despite a continued loss after deducting non-recurring items Key Performance Indicators for H1 2025 Performance Forecast | Item | Jan-Jun 2025 (Estimated) | Jan-Jun 2024 (Actual) | Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Profit: approx. 8 million yuan | Loss: 19.0933 million yuan | Turned Loss into Profit | | Net Profit After Non-Recurring Gains/Losses | Loss: approx. 16.1 million yuan | Loss: 18.0874 million yuan | Loss Narrowed | | Basic Earnings Per Share (yuan/share) | Profit: approx. 0.017 | Loss: 0.041 | Turned Loss into Profit | Analysis of Performance Change Reasons The company's turnaround to profitability is driven by moderate growth in core business tourist volumes and the significant impact of recovering historical receivables and reversing bad debt provisions Tourist Reception Volume by Business Segment in H1 2025 | Business Segment | Tourist Reception (Approx. visitors) | Year-on-Year Growth (Approx.) | | :--- | :--- | :--- | | Scenic Area Business | 1.4802 million | +3.09% | | Li River Cruise Passenger Transport | 0.3382 million | +1.62% | | Li River Waterfall Hotel | 0.1073 million | +6.98% | - The company recovered 54.34 million yuan in prior-year receivables, leading to the reversal of a 19.99 million yuan provision for bad debts, which, as a non-recurring gain, directly increased the net profit for the first half of 2025 by 19.99 million yuan[6] Other Explanations and Risk Warnings The company has pre-communicated with its annual audit accounting firm regarding the performance forecast, with no disagreements, and advises investors that the forecast is preliminary - This performance forecast has not been pre-audited by a certified public accountant, but the company has pre-communicated with the accounting firm providing annual audit services on related matters, and there are no disagreements between the parties[4] - The company reminds investors that this performance forecast is a preliminary calculation by the finance department, and specific financial data will be detailed in the company's 2025 semi-annual report; investors are advised to be aware of investment risks[7]