Yibin paper(600793)2024-07-09 08:56Financial Performance Forecast - The company expects a net profit attributable to the parent company for the first half of 2024 to be between -73 million and -87 million yuan, indicating a loss compared to the same period last year [17]. - The estimated net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be between -85 million and -102 million yuan [9]. - The earnings per share for the first half of 2024 is expected to be -0.1841 yuan [13]. - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by registered accountants [21]. - The financial data provided is preliminary and the final figures will be disclosed in the official 2024 semi-annual report [7]. Operational Challenges - The company's gross profit margin has declined due to the decrease in sales prices of major products, which fell more than the decline in costs, alongside a decrease in sales volume [20]. - The company faced adverse factors impacting its performance, including market supply and demand relationships [20]. Management Assurance - The company emphasizes that there are no significant uncertainties affecting the accuracy of this performance forecast as of the announcement date [15]. - The company assures that the board and all directors guarantee the announcement does not contain any false records or misleading statements [1]. Strategic Initiatives - The company is actively advancing new product development and project implementation, optimizing product structure, and enhancing management and production efficiency to reduce costs and increase effectiveness [14].