XAYS(000721)2024-07-08 09:08Financial Performance - The company expects a net profit loss of approximately 65 million yuan for the first half of 2024, compared to a loss of 46.0469 million yuan in the same period last year[2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of about 66.5 million yuan, down from a profit of 48.8195 million yuan in the previous year[2]. - Basic earnings per share are expected to be a loss of 0.0950 yuan per share, compared to a loss of 0.1133 yuan per share in the same period last year[2]. - The preliminary financial data is subject to further review and will be detailed in the company's 2024 semi-annual report[4]. Market Conditions - The restaurant industry is facing weak market demand and intensified competition, leading to a decrease in customer traffic and lower consumption standards[6]. - The company's operating revenue did not meet expectations due to high fixed costs impacting current profits[6].