JiShi Media(601929)2025-01-16 08:10Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between -398.4 million and -498 million RMB, representing a reduction in losses of 194.95 million to 294.55 million RMB compared to the previous year [4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -441.4 million and -541 million RMB, a reduction in losses of 164.4 million to 264 million RMB compared to the previous year [4]. - The previous year's net profit attributable to shareholders was -692.95 million RMB, and the net profit after deducting non-recurring gains and losses was -705.4 million RMB [7]. Business Transformation and Revenue Growth - The company has achieved preliminary success in its transformation, with significant growth in government and enterprise business revenue due to winning key information technology projects [9]. - Cost reduction and efficiency improvement measures have been effective, leading to a comprehensive optimization of the expenditure structure and significant cost savings [9]. - The decline in basic cable TV user payment rates and unmet expectations for broadband internet user growth have negatively impacted public business revenue [9]. - Increased depreciation and amortization costs are due to the completion of end-to-end smart fiber network infrastructure projects [9]. Forecast Accuracy and Reporting - The company does not foresee any major uncertainties that could affect the accuracy of this earnings forecast [10]. - The forecast data is preliminary and actual financial data will be disclosed in the official 2024 annual report [11].